The prices in real estate in Kodiak, 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 Kodiak has increased strongly during the last 6 months. In October, the average price per sq.feet was $273. In the following month the price per sq.feet increased considerably to $12,629. The price for the following two months in (December, January) had a considerable increment of 239 %. The price per sq.feet has had a considerable increase of 246 % 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 $10,937.25 to $26,857.5 during February, and March.
Based upon to the price in Kodiak (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $459,991. During November the price went through a considerable rise reaching $780,445. During the following two months (December, January) the average price fell 89 % 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 $586,884.75 to $456,864, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $388,257 they are 15 % more affordable than the average price for Kodiak. The properties with the lowest average price have 1 bedroom, Their price is 15 % cheaper than the average. After that we have properties with 4 bedrooms priced at $328,626.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $111 / sq.feet, with an average $50,577 / sq.feet price in Kodiak. The properties with the lowest average prices have 1 bedroom. They are 100 % cheaper than the average followed by properties with 4 bedrooms with a price at $111 / sq.feet.
With regard to the average price based upon the property in Kodiak we can see that the cheapest property type is "House" at a price of $328,626, they are 15 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 15 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $111 / sq.feet. "House" with an average cost of $111 / sq.feet has the lowest price and would be directed at less affluent cities.