The prices in real estate in Laconia, in the New Hampshire region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Laconia has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $310. In the following month the price per sq.feet decreased considerably to $171. The price for the following two months in (December, January) had a considerable decrease of 80 with regard to the prior two months. 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 $217 to $196 during February, and March.
Based upon to the price in Laconia (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $373,437. In November This price remains at $372,667. In the following two months the average price has remained the same with regard to the previous two months from $373,052 to $357,611.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $365,331.75 to $345,440 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $348,657 they are 54 % more affordable than the average price for Laconia. The properties with the highest average price have 3 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 4 bedrooms priced at $316,190.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $149 / sq.feet, with an average $197 / sq.feet price in Laconia. The properties with the highest average prices have 1 bedroom. They are 32 % more expensive than the average followed by properties with 3 bedrooms with a price at $222 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $348,657 it is 46 % cheaper than the average price in Laconia. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $678,083 it is 162 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $141 / sq.feet followed by "House" priced at $259 / sq.feet. "Commercial" is the most costly type of property with a $10,602 / sq.feet cost followed by "Land" with an average price of $3,680 / sq.feet.