The prices in real estate in Maple Heights, in the Ohio 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 Maple Heights has increased strongly during the last 6 months. In August, the average price per sq.feet was $41. In the following month the price per sq.feet increased considerably to $49. In the following two months the price per sq.feet has increased 108 %, going from $45 to $48.5 per sq.feet. The price per sq.feet has increased 109 % 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 $46.75 to $51 during December, and January.
Based upon to the price in Maple Heights (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during August, is $56,710. During September the price went through a considerable rise reaching $72,090. During the following two months (October, November) the price has had an average incrementation from $64,400 to $73,187.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $87,350 they are 63 % more affordable than the average price for Maple Heights. The properties with the lowest average price have 4 bedrooms, Their price is 25 % cheaper than the average. After that we have properties with 1 bedroom priced at $32,336.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $26 / sq.feet, with an average $55 / sq.feet price in Maple Heights. The properties with the lowest average prices have 4 bedrooms. They are 18 % cheaper than the average followed by properties with 1 bedroom with a price at $31 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $87,350 it is 63 % cheaper than the average price in Maple Heights. "House" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "House". At a price of $65,514 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $25 / sq.feet followed by "House" priced at $45 / sq.feet. "Duplex" is the most costly type of property with a $419 / sq.feet cost followed by "House" with an average price of $45 / sq.feet.