The prices in real estate in Kelleys Island, in the Ohio 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 Kelleys Island has increased strongly during the last 6 months. In November, the average price per sq.feet was $324. In the following month the price per sq.feet decreased to $286. The price for the following two months in (January, February) had a considerable increment of 9554 %. The price per sq.feet has decreased 90 % 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 $14,722 to $13,268.5 during March, and April.
Based upon to the price in Kelleys Island (cities), these have remained the same in the last 6 months. The price in November is $931,371, rising in December till $1,039,800. In the following two months the average price has remained the same with regard to the previous two months from $985,585.5 to $950,765.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $968,175.5 to $856,410 in March and April.