Property prices for sale in North Ridgeville (Ohio)
The prices in real estate in North Ridgeville, in the Ohio 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 Ridgeville has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,056. In the following month the price per sq.feet decreased considerably to $1,050. The price for the following two months in (December, January) had a considerable decrease of 68 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 14 % 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 $1,304.25 to $182.5 during February, and March.
Based upon to the price in North Ridgeville (cities), these have remained the same in the last 6 months. The average price for October is $362,785. During November the price had a slight fall till $342,912. In the following two months the average price has remained the same with regard to the previous two months from $352,848.5 to $366,462.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $377,353 they are 77 % more affordable than the average price for North Ridgeville. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 3 bedrooms priced at $357,581.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $74 / sq.feet, with an average $176 / sq.feet price in North Ridgeville. The properties with the highest average prices have 4 bedrooms. They are 1020 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,951 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $377,353 it is 39 % cheaper than the average price in North Ridgeville. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $406,770 it is 64 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $38 / sq.feet followed by "Farm" priced at $56 / sq.feet. "Apartment" is the most costly type of property with a $19,785 / sq.feet cost followed by "House" with an average price of $2,653 / sq.feet.
