The prices in real estate in North Royalton, in the Ohio 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 Royalton has increased strongly during the last 6 months. In October, the average price per sq.feet was $141. In the following month the price per sq.feet increased considerably to $971. The price for the following two months in (December, January) had a considerable decrease of 30 with regard to the prior two months. The price per sq.feet has had a considerable increase of 3518 % 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 $361.75 to $12,727 during February, and March.
Based upon to the price in North Royalton (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $342,282. In November This price remains at $326,426. During the following two months (December, January) the average price had a considerable increase of 115 % 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 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 $368,100 they are 73 % more affordable than the average price for North Royalton. The properties with the highest average price have 4 bedrooms, Their price is 94 % more costly than the average. After that we have properties with 3 bedrooms priced at $371,855.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $142 / sq.feet, with an average $10,186 / sq.feet price in North Royalton. The properties with the lowest average prices have 4 bedrooms. They are 98 % cheaper than the average followed by properties with 3 bedrooms with a price at $171 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $368,100 it is 55 % cheaper than the average price in North Royalton. "Land" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $469,040 it is 77 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $76 / sq.feet followed by "Condo" priced at $136 / sq.feet. "Land" is the most costly type of property with a $180,331 / sq.feet cost followed by "Apartment" with an average price of $228 / sq.feet.