The prices in real estate in North Las Vegas, in the Nevada 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.
The price per sq.feet in North Las Vegas has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $449. In the following month the price per sq.feet decreased considerably to $154. The price for the following two months in (September, October) had a considerable decrease of 52 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 67 % 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 $229 to $154 during November, and December.
Based upon to the price in North Las Vegas (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is $310,614. In August This price remains at $303,281. In the following two months the average price has remained the same with regard to the previous two months from $306,947.5 to $313,634.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $310,291 and $302,737 between November and December.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 0 % more costly than the average price of $306,605 in North Las Vegas. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 0 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 381 % more costly than the average price of ($751 / sq.feet) in North Las Vegas. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 381 % more costly 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 $305,303 it is 12 % cheaper than the average price in North Las Vegas. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $294,100 it is 0 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $114 / sq.feet followed by "Townhouse" priced at $127 / sq.feet. "House" is the most costly type of property with a $751 / sq.feet cost followed by "Condo" with an average price of $139 / sq.feet.