The prices in real estate in Overland Park, in the Kansas 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 Overland Park has increased strongly during the last 6 months. In January, the average price per sq.feet was $960. In the following month the price per sq.feet decreased to $823. The price for the following two months in (March, April) had a considerable increment of 131 %. The price per sq.feet has had a considerable increase of 170 % 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 $1,030 to $1,755 during May, and June.
Based upon to the price in Overland Park (cities), this has gone up in the last 6 months. The price in January is $202,716, rising in February till $230,413. During the following two months (March, April) the average price fell 89 % 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 117 % 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 $238,435 they are 58 % more affordable than the average price for Overland Park. The properties with the highest average price have 4 bedrooms, Their price is 107 % more costly than the average. After that we have properties with 3 bedrooms priced at $195,425.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $1,156 / sq.feet, with an average $2,140 / sq.feet price in Overland Park. The properties with the highest average prices have 4 bedrooms. They are 423 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,376 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $238,435 it is 18 % cheaper than the average price in Overland Park. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Office" followed by "House". At a price of $606,225 it is 238 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $613 / sq.feet followed by "Condo" priced at $1,371 / sq.feet. "House" is the most costly type of property with a $19,471 / sq.feet cost followed by "Office" with an average price of $5,596 / sq.feet.