The prices in real estate in Henderson, in the Nevada 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 Henderson has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $1,416. In the following month the price per sq.feet decreased considerably to $250. The price for the following two months in (May, June) had a considerable increment of 134 %. The price per sq.feet has had a considerable increase of 143 % 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 $973.25 to $1,390 during July, and August.
Based upon to the price in Henderson (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $692,447. In April This price remains at $725,110. During the following two months (May, June) the price has had an average incrementation from $708,778.5 to $758,965.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $733,872 to $656,768.5 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $605,373 they are 60 % more affordable than the average price for Henderson. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 3 bedrooms priced at $516,410.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $122 / sq.feet, with an average $143 / sq.feet price in Henderson. The properties with the highest average prices have 1 bedroom. They are 158 % more expensive than the average followed by properties with 4 bedrooms with a price at $145 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $605,373 it is 45 % cheaper than the average price in Henderson. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Apartment". At a price of $900,099 it is 53 % 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 $124 / sq.feet followed by "Townhouse" priced at $211 / sq.feet. "Land" is the most costly type of property with a $304,922 / sq.feet cost followed by "Apartment" with an average price of $374 / sq.feet.