The prices in real estate in North Olmsted, in the Ohio region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in North Olmsted has increased during the last 6 months. In November, the average price per sq.feet was $110. In December this price pretty much remained the same at a value of $107 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 115 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $116.75 to $120.5 during March y April
Based upon to the price in North Olmsted (cities), this has fallen considerably in the last 6 months. The average price for November is $316,600. During December the price had a considerable reduction till $136,738. During the following two months (January, February) the average price fell 87 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $211,506.5 to $195,537.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $201,029 they are 53 % more affordable than the average price for North Olmsted. The properties with the highest average price have 3 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 4 bedrooms priced at $208,641.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $76 / sq.feet, with an average $120 / sq.feet price in North Olmsted. The properties with the lowest average prices have 1 bedroom. They are 17 % cheaper than the average followed by properties with 2 bedrooms with a price at $97 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $201,029 it is 19 % cheaper than the average price in North Olmsted. "House" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "Condo". At a price of $251,350 it is 47 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $75 / sq.feet followed by "House" priced at $76 / sq.feet. "Duplex" is the most costly type of property with a $214 / sq.feet cost followed by "Condo" with an average price of $194 / sq.feet.