The prices in real estate in Lovelock, 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 Lovelock has increased strongly during the last 6 months. In October, the average price per sq.feet was $162. In November this price pretty much remained the same at a value of $163 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 1901 %. The price per sq.feet has had a considerable increase of 130 % 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 $1,625.75 to $2,112 during February, and March.
Based upon to the price in Lovelock (cities), this has gone downing the last 6 months. The average price for October is $226,053. During November the price had a slight fall till $211,936. In the following two months the average price has remained the same with regard to the previous two months from $218,994.5 to $217,416. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $218,205.25 to $205,181.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $106,365 they are 1 % more expensive than the average price for Lovelock. Following this ranking we find those properties with 1 at an average price of $108,986. The properties with the highest average price have 1 bedroom, Their price is 2 % more costly than the average. After that we have properties with 3 bedrooms priced at $107,896.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $454 / sq.feet, with an average $3,959 / sq.feet price in Lovelock. The properties with the lowest average prices have 1 bedroom. They are 88 % cheaper than the average followed by properties with 3 bedrooms with a price at $454 / sq.feet.
With regard to the average price based upon the property in Lovelock we can see that most expensive property type is "Land" at a price of $107,896, they are 1 % more costly than the average price of (!PRECIO2!). "Land" has the highest price. This price is 1 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Land with an average price of $454 / sq.feet. "Land" with an average cost of $454 / sq.feet has the lowest price and would be directed at less affluent cities.