The prices in real estate in Kearney, in the Nebraska 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 Kearney has increased strongly during the last 6 months. In October, the average price per sq.feet was $175. In the following month the price per sq.feet decreased considerably to $141. The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 882 % 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 $151 to $1,332.5 during February, and March.
Based upon to the price in Kearney (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $331,147. In November This price remains at $339,303. In the following two months the average price has remained the same with regard to the previous two months from $335,225 to $342,512.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $383,441 they are 64 % more affordable than the average price for Kearney. The properties with the lowest average price have 4 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 3 bedrooms priced at $349,377.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $107 / sq.feet, with an average $1,307 / sq.feet price in Kearney. The properties with the lowest average prices have 3 bedrooms. They are 89 % cheaper than the average followed by properties with 2 bedrooms with a price at $135 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $383,441 it is 72 % cheaper than the average price in Kearney. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Condo". At a price of $347,421 it is 2 % 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 $134 / sq.feet followed by "Detached House" priced at $139 / sq.feet. "Land" is the most costly type of property with a $37,063 / sq.feet cost followed by "Condo" with an average price of $286 / sq.feet.