The prices in real estate in Ocean Park, in the Washington 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 Ocean Park has increased during the last 6 months. In October, the average price per sq.feet was $293. In November this price pretty much remained the same at a value of $293 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $293 to $307.5 per sq.feet. The price per sq.feet has increased 108 % 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 $300.25 to $323 during February, and March.
Based upon to the price in Ocean Park (cities), these have remained the same in the last 6 months. The average price for October is $440,374. During November the price had a slight fall till $409,628. During the following two months (December, January) the price has had an average incrementation from $425,001 to $449,480.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $458,298 they are 13 % more affordable than the average price for Ocean Park. The properties with the highest average price have 1 bedroom, Their price is 252 % more costly than the average. After that we have properties with 4 bedrooms priced at $664,333.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $281 / sq.feet, with an average $332 / sq.feet price in Ocean Park. The properties with the highest average prices have 1 bedroom. They are 596 % more expensive than the average followed by properties with 2 bedrooms with a price at $330 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $458,298 it is 0 % more expensive than the average price in Ocean Park. "Land" is seen as the second dearest property type. The dearest property type is "Condo" followed by "Land". At a price of $626,992 it is 63 % 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 $325 / sq.feet followed by "Condo" priced at $351 / sq.feet. "Land" is the most costly type of property with a $189,633 / sq.feet cost followed by "Condo" with an average price of $351 / sq.feet.