The prices in real estate in Newton Falls, 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 Newton Falls has increased strongly during the last 6 months. In October, the average price per sq.feet was $101. In November this price pretty much remained the same at a value of $100 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $100.5 to $114 per sq.feet. The price per sq.feet has had a considerable increase of 128 % 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 $107.25 to $137.5 during February, and March.
Based upon to the price in Newton Falls (cities), this has gone up considerably in the last 6 months. The price in October is $175,248, rising in November till $190,300. In the following two months the average price has remained the same with regard to the previous two months from $182,774 to $186,556. Based on an analysis of the first four prices and the last two months the average price has risen strongly 134 % 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 96 % cheaper than the average price of $9,970 in Newton Falls. Based on the bedrooms values, properties with the lowest prices are those with 2 bedrooms. They are 54 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 89 % cheaper than the average price of ($16 / sq.feet) in Newton Falls. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 32 % cheaper than the average value aforementioned.