Property prices for sale in Ketchikan (Alaska)
The prices in real estate in Ketchikan, in the Alaska 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 Ketchikan has increased strongly during the last 6 months. In October, the average price per sq.feet was $271. In November this price pretty much remained the same at a value of $271 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 592 %. The price per sq.feet has had a considerable increase of 143 % 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 $937.5 to $1,345 during February, and March.
Based upon to the price in Ketchikan (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $315,026. In November This price remains at $315,026. In the following two months the average price has remained the same with regard to the previous two months from $315,026 to $328,580. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % 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 $463,404 they are 51 % more affordable than the average price for Ketchikan. The properties with the highest average price have 2 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 4 bedrooms priced at $419,648.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $215 / sq.feet, with an average $2,475 / sq.feet price in Ketchikan. The properties with the lowest average prices have 2 bedrooms. They are 83 % cheaper than the average followed by properties with 3 bedrooms with a price at $310 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $463,404 it is 78 % cheaper than the average price in Ketchikan. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $322,516 it is 26 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $153 / sq.feet followed by "Condo" priced at $222 / sq.feet. "Land" is the most costly type of property with a $41,021 / sq.feet cost followed by "House" with an average price of $254 / sq.feet.
