The prices in real estate in Lovelock, in the Nevada 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 Lovelock has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $84. In September this price pretty much remained the same at a value of $84 per sq.feet. The price for the following two months in (October, November) had a considerable decrease of 46 with regard to the prior two months. The price per sq.feet has had a considerable increase of 156 % 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 $61.25 to $95.5 during December, and January.
Based upon to the price in Lovelock (cities), this has fallen considerably in the last 6 months. In our first sample month during August, the average price is $249,100. In September This price remains at $249,100. During the following two months (October, November) the average price had a considerable reduction of 41 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $175,878.25 to $156,670.5 in December and January.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 29 % cheaper than the average price of $113,001 in Lovelock. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 29 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 385 % more costly than the average price of ($500 / sq.feet) in Lovelock. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 385 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Lovelock we can see that the cheapest property type is "Land" at a price of $113,001, they are 29 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 29 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Land with an average price of $500 / sq.feet. "Land" at an average price of $500 / sq.feet has the most expensive price and would be directed at more affluent cities.