The prices in real estate in Lincoln, in the Nebraska region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Lincoln has fallen in the last 6 months. In May, the average price per sq.feet was $171. In June this price pretty much remained the same at a value of $163 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $167 to $160 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $163.5 to $157 during September y October
Based upon to the price in Lincoln (cities), this has gone downing the last 6 months. The average price for May is $365,865. During June the price had a slight fall till $336,965. In the following two months the average price has remained the same with regard to the previous two months from $351,415 to $338,802. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $345,108.5 to $321,634.5 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $315,139 they are 33 % more affordable than the average price for Lincoln. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 1 bedroom priced at $288,374.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $154 / sq.feet, with an average $160 / sq.feet price in Lincoln. The properties with the highest average prices have 1 bedroom. They are 103 % more expensive than the average followed by properties with 2 bedrooms with a price at $160 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $315,139 it is 49 % cheaper than the average price in Lincoln. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $305,638 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $156 / sq.feet followed by "Condo" priced at $193 / sq.feet. "Townhouse" is the most costly type of property with a $967 / sq.feet cost followed by "Farm" with an average price of $957 / sq.feet.