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 November, the average price per sq.feet was $40. In December this price pretty much remained the same at a value of $40 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 238 %. The price per sq.feet has had a considerable increase of 148 % 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 $67.5 to $100 during March, and April.
Based upon to the price in North Platte (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $112,616. In December This price remains at $115,477. During the following two months (January, February) the average price had a considerable increase of 210 % 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 risen strongly 122 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $220,286 they are 71 % more affordable than the average price for North Platte. The properties with the lowest average price have 4 bedrooms, Their price is 28 % cheaper 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 $104 / sq.feet price in North Platte. The properties with the lowest average prices have 3 bedrooms. They are 87 % 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 "" as the most affordable one. At an cost of $220,286 it is 49 % 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 $783,022 it is 314 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $97 / sq.feet followed by "Detached House" priced at $2,876 / sq.feet. "Apartment" is the most costly type of property with a $3,291 / sq.feet cost followed by "Detached House" with an average price of $2,876 / sq.feet.