Property prices for sale in North Las Vegas (Nevada)
The prices in real estate in North Las Vegas, in the Nevada 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 North Las Vegas has increased strongly during the last 6 months. In October, the average price per sq.feet was $144. In the following month the price per sq.feet increased to $154. In the following two months the price per sq.feet has increased 110 %, going from $149 to $164 per sq.feet. The price per sq.feet has increased 112 % 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 $156.5 to $176 during February, and March.
Based upon to the price in North Las Vegas (cities), this has gone up in the last 6 months. The price in October is $278,496, rising in November till $299,326. In the following two months the average price has remained the same with regard to the previous two months from $288,911 to $297,808.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $338,894 they are 44 % more affordable than the average price for North Las Vegas. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 3 bedrooms priced at $317,486.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $109 / sq.feet, with an average $178 / sq.feet price in North Las Vegas. The properties with the lowest average prices have 2 bedrooms. They are 2 % cheaper than the average followed by properties with 1 bedroom with a price at $173 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $338,894 it is 27 % cheaper than the average price in North Las Vegas. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Duplex". At a price of $268,649 it is 12 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $99 / sq.feet followed by "Villa" priced at $117 / sq.feet. "House" is the cheapest type of property with a $155 / sq.feet value followed by "Condo" with an average price of $145 / sq.feet.
