The prices in real estate in Hastings, in the Nebraska region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Hastings has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $134. In the following month the price per sq.feet decreased considerably to $104. In the following two months the price per sq.feet has barely changed, going from $119 to $116 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $117.5 to $113.5 during February y March
Based upon to the price in Hastings (cities), this has gone up considerably in the last 6 months. The price in October is $205,662, rising in November till $221,586. During the following two months (December, January) the average price had a considerable increase of 130 % 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 risen strongly 118 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $295,506 they are 50 % more affordable than the average price for Hastings. The properties with the lowest average price have 1 bedroom, Their price is 48 % cheaper than the average. After that we have properties with 2 bedrooms priced at $152,192.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $984 / sq.feet, with an average $115 / sq.feet price in Hastings. The properties with the highest average prices have 1 bedroom. They are 785 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,008 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $295,506 it is 64 % cheaper than the average price in Hastings. "Commercial" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $148,569 it is 50 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $275 / sq.feet followed by "Commercial" priced at $980 / sq.feet. "House" is the most costly type of property with a $984 / sq.feet cost followed by "Commercial" with an average price of $980 / sq.feet.