The prices in real estate in Hutchinson, in the Kansas 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 Hutchinson has increased strongly during the last 6 months. In October, the average price per sq.feet was $66. In the following month the price per sq.feet decreased to $62. The price for the following two months in (December, January) had a considerable increment of 138 %. The price per sq.feet has had a considerable increase of 390 % 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 $76.25 to $297.5 during February, and March.
Based upon to the price in Hutchinson (cities), this has gone up in the last 6 months. The price in October is $110,528, rising in November till $121,089. During the following two months (December, January) the average price had a considerable increase of 117 % 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 $125,890 to $96,310, which means a 77 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $85,150 they are 60 % more expensive than the average price for Hutchinson. Following this ranking we find those properties with 4 at an average price of $142,934. The properties with the highest average price have 1 bedroom, Their price is 70 % more costly than the average. After that we have properties with 4 bedrooms priced at $142,934.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $1,003 / sq.feet, with an average $322 / sq.feet price in Hutchinson. The properties with the highest average prices have 1 bedroom. They are 299 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,264 / sq.feet.
With regard to the average price based upon the property in Hutchinson we can see that most expensive property type is "House" at a price of $142,934, they are 68 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 68 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $1,264 / sq.feet. "House" at an average price of $1,264 / sq.feet has the most expensive price and would be directed at more affluent cities.