Property prices for sale in Hannibal (Missouri)
The prices in real estate in Hannibal, in the Missouri 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 Hannibal has increased strongly during the last 6 months. In November, the average price per sq.feet was $227. In the following month the price per sq.feet increased considerably to $680. The price for the following two months in (January, February) had a considerable increment of 778 %. The price per sq.feet has had a considerable increase of 151 % 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 $1,991.5 to $3,007 during March, and April.
Based upon to the price in Hannibal (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $187,551. In December This price remains at $178,214. In the following two months the average price has remained the same with regard to the previous two months from $182,882.5 to $186,125.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $204,942 they are 28 % more affordable than the average price for Hannibal. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $220,155.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $109 / sq.feet, with an average $960 / sq.feet price in Hannibal. The properties with the lowest average prices have 1 bedroom. They are 78 % cheaper than the average followed by properties with 3 bedrooms with a price at $128 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $204,942 it is 0 % cheaper than the average price in Hannibal. "Apartment" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Apartment". At a price of $254,500 it is 30 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $113 / sq.feet followed by "Apartment" priced at $170 / sq.feet. "Land" is the most costly type of property with a $36,271 / sq.feet cost followed by "Apartment" with an average price of $170 / sq.feet.
