The prices in real estate in Minford, in the Ohio 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 Minford has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $6,539. In the following month the price per sq.feet decreased considerably to $139. The price for the following two months in (January, February) had a considerable decrease of 19 with regard to the prior two months. The price per sq.feet has had a considerable increase of 436 % 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 $1,994.75 to $8,706.5 during March, and April.
Based upon to the price in Minford (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $251,838. During December the price went through a considerable rise reaching $327,540. During the following two months (January, February) the average price had a considerable increase of 359 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $664,835.25 to $355,826.5, which means a 54 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 88 % cheaper than the average price of $49,500 in Minford. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 88 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 99 % cheaper than the average price of ($75 / sq.feet) in Minford. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 99 % cheaper than the average value aforementioned.