The prices in real estate in Las Vegas, in the Nevada 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 Las Vegas has increased strongly during the last 6 months. In July, the average price per sq.feet was $185. In August this price pretty much remained the same at a value of $182 per sq.feet. The price for the following two months in (September, October) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has had a considerable increase of 658 % 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 $138 to $907.5 during November, and December.
Based upon to the price in Las Vegas (cities), this has fallen considerably in the last 6 months. In our first sample month during July, the average price is $474,223. In August This price remains at $481,487. During the following two months (September, October) the average price had a considerable reduction of 51 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 128 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of $447,526 in Las Vegas. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % cheaper than the average price of ($1,619 / sq.feet) in Las Vegas. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Las Vegas we can see that the cheapest property type is "House" at a price of $447,526, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % 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 $1,619 / sq.feet. "House" with an average cost of $1,619 / sq.feet has the lowest price and would be directed at less affluent cities.