The prices in real estate in Mound City, in the Kansas 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 Mound City has increased strongly during the last 6 months. In November, the average price per sq.feet was $158. In the following month the price per sq.feet decreased to $146. The price for the following two months in (January, February) had a considerable increment of 175 %. The price per sq.feet has had a considerable increase of 134 % 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 $209 to $280.5 during March, and April.
Based upon to the price in Mound City (cities), these have remained the same in the last 6 months. The average price for November is $228,543. During December the price had a slight fall till $212,986. During the following two months (January, February) the average price fell 90 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % 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 $224,648 they are 41 % more affordable than the average price for Mound City. The properties with the highest average price have 4 bedrooms, Their price is 50 % more costly than the average. After that we have properties with 3 bedrooms priced at $235,667.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $138 / sq.feet, with an average $161 / sq.feet price in Mound City. The properties with the highest average prices have 1 bedroom. They are 105 % more expensive than the average followed by properties with 2 bedrooms with a price at $168 / sq.feet.