The prices in real estate in Orwell, 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 Orwell has increased strongly during the last 6 months. In November, the average price per sq.feet was $5,296. In the following month the price per sq.feet decreased considerably to $1,615. The price for the following two months in (January, February) had a considerable increment of 206 %. The price per sq.feet has had a considerable increase of 163 % 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 $5,278.5 to $8,602 during March, and April.
Based upon to the price in Orwell (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $109,273. During December the price went through a considerable rise reaching $139,951. During the following two months (January, February) the price has had an average incrementation from $124,612 to $135,522.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 131 % 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 $242,633 they are 61 % more affordable than the average price for Orwell. The properties with the lowest average price have 3 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 1 bedroom priced at $200,299.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $26 / sq.feet, with an average $5,098 / sq.feet price in Orwell. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 3 bedrooms with a price at $55 / sq.feet.
With regard to the average price based upon the property in Orwell we can see that the cheapest property type is "House" at a price of $131,899, they are 46 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 46 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $20 / sq.feet. "House" with an average cost of $20 / sq.feet has the lowest price and would be directed at less affluent cities.