The prices in real estate in Juneau, in the Alaska 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 Juneau has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $7,694. In the following month the price per sq.feet decreased considerably to $5,262. The price for the following two months in (January, February) had a considerable decrease of 4 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 8 % 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 $3,362 to $266 during March, and April.
Based upon to the price in Juneau (cities), this has fallen considerably in the last 6 months. The average price for November is $5,178,625. During December the price had a considerable reduction till $4,252,438. During the following two months (January, February) the average price had a considerable reduction of 7 % 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 $2,531,343.75 to $448,990.5, which means a 18 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $511,224 they are 76 % more affordable than the average price for Juneau. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $373,756.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $197 / sq.feet, with an average $285 / sq.feet price in Juneau. The properties with the highest average prices have 4 bedrooms. They are 16 % more expensive than the average followed by properties with 1 bedroom with a price at $260 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $511,224 it is 47 % cheaper than the average price in Juneau. "Detached House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $310,591 it is 21 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $244 / sq.feet followed by "Condo" priced at $262 / sq.feet. "Detached House" is the most costly type of property with a $1,129 / sq.feet cost followed by "Condo" with an average price of $262 / sq.feet.