The prices in real estate in Kenai, in the Alaska region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Kenai has increased during the last 6 months. In October, the average price per sq.feet was $118. In November this price pretty much remained the same at a value of $122 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $120 to $135 per sq.feet. The price per sq.feet has increased 106 % 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 $127.5 to $135 during February, and March.
Based upon to the price in Kenai (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $216,551. In November This price remains at $223,603. In the following two months the average price has remained the same with regard to the previous two months from $220,077 to $226,690. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $223,383.5 and $226,409 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $230,221 they are 1 % more affordable than the average price for Kenai. The properties with the highest average price have 1 bedroom, Their price is 43 % more costly than the average. After that we have properties with 4 bedrooms priced at $287,694.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $136 / sq.feet, with an average $127 / sq.feet price in Kenai. The properties with the highest average prices have 1 bedroom. They are 1198 % more expensive than the average followed by properties with 4 bedrooms with a price at $660 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $230,221 it is 23 % cheaper than the average price in Kenai. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Detached House". At a price of $324,655 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $154 / sq.feet followed by "Land" priced at $168 / sq.feet. "Condo" is the most costly type of property with a $1,629 / sq.feet cost followed by "Detached House" with an average price of $1,619 / sq.feet.