The prices in real estate in Hazen, in the North Dakota region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Hazen has remained the same in the last 6 months. In August, the average price per sq.feet was $70. In the following month the price per sq.feet increased considerably to $104. The price for the following two months in (October, November) had a considerable decrease of 75 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 84 % 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 $76 to $63.5 during December, and January.
Based upon to the price in Hazen (cities), this has gone downing the last 6 months. The average price during our first sample month during August, is $136,955. During September the price went through a considerable rise reaching $216,250. During the following two months (October, November) the average price had a considerable reduction of 57 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $138,291.25 to $109,682, which means a 79 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $119,384 they are 85 % more expensive than the average price for Hazen. Following this ranking we find those properties with 1 at an average price of $222,310. The properties with the highest average price have 1 bedroom, Their price is 86 % more costly than the average. After that we have properties with 2 bedrooms priced at $221,198.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $105 / sq.feet, with an average $62 / sq.feet price in Hazen. The properties with the highest average prices have 1 bedroom. They are 77 % more expensive than the average followed by properties with 2 bedrooms with a price at $105 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $119,384 it is 23 % cheaper than the average price in Hazen. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $91,964 it is 85 % 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 $24 / sq.feet followed by "Land" priced at $105 / sq.feet. "Land" is the most costly type of property with a $105 / sq.feet cost followed by "House" with an average price of $24 / sq.feet.