The prices in real estate in North Platte, in the Nebraska 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 Platte has increased strongly during the last 6 months. In June, the average price per sq.feet was $13. In July this price pretty much remained the same at a value of $13 per sq.feet. The price for the following two months in (August, September) had a considerable increment of 150 %. The price per sq.feet has had a considerable increase of 209 % 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 $16.25 to $34 during October, and November.
Based upon to the price in North Platte (cities), these have remained the same in the last 6 months. The average price for June is $128,412. During July the price had a slight fall till $119,516. During the following two months (August, September) the average price had a considerable increase of 116 % 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 $133,583.75 to $122,571.5 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $112,616 they are 43 % more affordable than the average price for North Platte. The properties with the highest average price have 4 bedrooms, Their price is 42 % more costly than the average. After that we have properties with 1 bedroom priced at $137,560.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $5 / sq.feet, with an average $40 / sq.feet price in North Platte. The properties with the lowest average prices have 3 bedrooms. They are 65 % cheaper than the average followed by properties with 1 bedroom with a price at $13 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $112,616 it is 1 % cheaper than the average price in North Platte. "Condo" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Detached House". At a price of $786,951 it is 714 % 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 $4 / sq.feet followed by "Condo" priced at $102 / sq.feet. "Apartment" is the most costly type of property with a $3,311 / sq.feet cost followed by "Detached House" with an average price of $2,891 / sq.feet.