The prices in real estate in Lincoln, in the Nebraska region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Lincoln has increased during the last 6 months. In March, the average price per sq.feet was $151. In the following month the price per sq.feet increased to $168. In the following two months the price per sq.feet has barely changed, going from $159.5 to $163 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 $161.25 to $156.5 during July y August
Based upon to the price in Lincoln (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is $382,607. In April This price remains at $392,855. During the following two months (May, June) the price has had an average incrementation from $387,731 to $414,586.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $455,800 they are 69 % more affordable than the average price for Lincoln. The properties with the lowest average price have 4 bedrooms, Their price is 12 % cheaper than the average. After that we have properties with 3 bedrooms priced at $346,282.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $120 / sq.feet, with an average $158 / sq.feet price in Lincoln. The properties with the lowest average prices have 2 bedrooms. They are 16 % cheaper than the average followed by properties with 1 bedroom with a price at $128 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $455,800 it is 65 % cheaper than the average price in Lincoln. "Farm" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Apartment". At a price of $336,559 it is 25 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $108 / sq.feet followed by "Apartment" priced at $126 / sq.feet. "Office" is the most costly type of property with a $976 / sq.feet cost followed by "Farm" with an average price of $971 / sq.feet.