The prices in real estate in New Philadelphia, 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 Philadelphia has increased strongly during the last 6 months. In November, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $80. The price for the following two months in (January, February) had a considerable increment of 231 %. The price per sq.feet has had a considerable increase of 152 % 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 $66.25 to $101 during March, and April.
Based upon to the price in New Philadelphia (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is . During December the price went through a considerable rise reaching $199,233. During the following two months (January, February) the average price had a considerable increase of 229 % 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 gone up 114 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 14 % cheaper than the average price of $138,185 in New Philadelphia. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 14 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 21 % cheaper than the average price of ($76 / sq.feet) in New Philadelphia. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 21 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $160,700 it is 15 % cheaper than the average price in New Philadelphia. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Office". At a price of $136,930 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $76 / sq.feet followed by "Office" priced at $81 / sq.feet. "Office" is the cheapest type of property with a $81 / sq.feet value followed by "House" with an average price of $76 / sq.feet.