Property prices for sale in Ninilchik (Alaska)

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

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Ninilchik has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $384. In the following month the price per sq.feet decreased considerably to $142. The price for the following two months in (May, June) had a considerable decrease of 47 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 68 % 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 $192.75 to $130.5 during July, and August.

Average price

Based upon to the price in Ninilchik (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $113,519. During April the price went through a considerable rise reaching $142,657. During the following two months (May, June) the average price had a considerable increase of 121 % 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 115 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $161,269 they are 16 % more affordable than the average price for Ninilchik. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 2 bedrooms priced at $189,613.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $85 / sq.feet, with an average $133 / sq.feet price in Ninilchik. The properties with the highest average prices have 1 bedroom. They are 46 % more expensive than the average followed by properties with 2 bedrooms with a price at $189 / sq.feet.

Price per property type

With regard to the average price based upon the property in Ninilchik we can see that most expensive property type is "House" at a price of $212,565, they are 32 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 32 % more expensive than the average price aforementioned.

According to the average area price by sq.feet the most costly property type is "House with an average price of $167 / sq.feet. "House" at an average price of $167 / sq.feet has the most expensive price and would be directed at more affluent cities.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Ninilchik
Number of properties used in region Alaska
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value