The prices in real estate in New Lebanon, 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 New Lebanon has increased strongly during the last 6 months. In March, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $81. In the following two months the price per sq.feet has barely changed, going from $40.5 to $41.5 per sq.feet. The price per sq.feet has had a considerable increase of 205 % 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 $41 to $84 during July, and August.
Based upon to the price in New Lebanon (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is . During April the price went through a considerable rise reaching $114,602. In the following two months the average price has remained the same with regard to the previous two months from $57,301 to $57,249. Based on an analysis of the first four prices and the last two months the average price has risen strongly 208 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 6 % more costly than the average price of $118,759 in New Lebanon. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 6 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3 % cheaper than the average price of ($75 / sq.feet) in New Lebanon. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 3 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $111,630 it is 12 % cheaper than the average price in New Lebanon. "Farm" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "Townhouse". At a price of $98,324 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $43 / sq.feet followed by "Farm" priced at $75 / sq.feet. "Farm" is the cheapest type of property with a $75 / sq.feet value followed by "Townhouse" with an average price of $43 / sq.feet.