The prices in real estate in Greenacres, in the Washington region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Greenacres has increased strongly during the last 6 months. In October, the average price per sq.feet was $159. In November this price pretty much remained the same at a value of $161 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $160 to $159 per sq.feet. The price per sq.feet has had a considerable increase of 846 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $159.5 to $1,350 during February, and March.
Based upon to the price in Greenacres (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $454,901. In November This price remains at $433,776. During the following two months (December, January) the average price had a considerable reduction of 76 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $444,672 they are 35 % more affordable than the average price for Greenacres. The properties with the lowest average price have 2 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 4 bedrooms priced at $391,889.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $134 / sq.feet, with an average $2,535 / sq.feet price in Greenacres. The properties with the lowest average prices have 1 bedroom. They are 94 % cheaper than the average followed by properties with 2 bedrooms with a price at $140 / sq.feet.
With regard to the average price based upon the property in Greenacres we can see that the cheapest property type is "Apartment" at a price of $391,889, they are 12 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 12 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $134 / sq.feet. "Apartment" with an average cost of $134 / sq.feet has the lowest price and would be directed at less affluent cities.