Property prices for sale in Ninilchik (Alaska)

The prices in real estate in Ninilchik, in the Alaska 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.

$161,030.33
Average price last 6 months
$4,373.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Ninilchik has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,098. In the following month the price per sq.feet decreased to $935. The price for the following two months in (December, January) had a considerable increment of 367 %. The price per sq.feet has had a considerable increase of 353 % 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 $2,374 to $8,373 during February, and March.

Average price

Based upon to the price in Ninilchik (cities), these have remained the same in the last 6 months. The average price for October is $159,231. During November the price had a considerable reduction till $130,147. During the following two months (December, January) the average price had a considerable increase of 144 % 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 $176,176 to $130,739, which means a 74 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $125,505 they are 47 % more expensive than the average price for Ninilchik. Following this ranking we find those properties with 2 at an average price of $225,533. The properties with the highest average price have 4 bedrooms, Their price is 671 % more costly than the average. After that we have properties with 3 bedrooms priced at $471,400.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $261 / sq.feet, with an average $15,528 / sq.feet price in Ninilchik. The properties with the lowest average prices have 3 bedrooms. They are 94 % cheaper than the average followed by properties with 4 bedrooms with a price at $630 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $125,505 it is 69 % cheaper than the average price in Ninilchik. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $39,000 it is 192 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $246 / sq.feet followed by "Land" priced at $29,667 / sq.feet. "Land" is the most costly type of property with a $29,667 / sq.feet cost followed by "House" with an average price of $246 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Ninilchik
Number of properties used in region Alaska
$125,505
$15,528
342
22,354
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value