The prices in real estate in Neosho, in the Missouri 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 Neosho has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $948. In the following month the price per sq.feet increased to $1,012. The price for the following two months in (January, February) had a considerable decrease of 13 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 25 % 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 $554.75 to $136.5 during March, and April.
Based upon to the price in Neosho (cities), this has fallen considerably in the last 6 months. The average price for November is $1,929,827. During December the price had a slight fall till $1,803,279. During the following two months (January, February) the average price had a considerable reduction of 13 % 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 $1,051,861 to $238,574.5, which means a 23 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $237,759 they are 33 % more affordable than the average price for Neosho. The properties with the lowest average price have 2 bedrooms, Their price is 29 % cheaper than the average. After that we have properties with 1 bedroom priced at $158,297.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $58 / sq.feet, with an average $134 / sq.feet price in Neosho. The properties with the lowest average prices have 2 bedrooms. They are 56 % cheaper than the average followed by properties with 1 bedroom with a price at $58 / sq.feet.
With regard to the average price based upon the property in Neosho we can see that the cheapest property type is "House" at a price of $169,772, they are 29 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 29 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $59 / sq.feet. "House" with an average cost of $59 / sq.feet has the lowest price and would be directed at less affluent cities.