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 October, the average price per sq.feet was $3,352. In the following month the price per sq.feet increased considerably to $5,075. The price for the following two months in (December, January) had a considerable increment of 141 %. The price per sq.feet has had a considerable increase of 198 % 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 $5,079.5 to $10,040 during February, and March.
Based upon to the price in Overland Park (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $736,442. In November This price remains at $711,890. During the following two months (December, January) the price has had an average incrementation from $724,166 to $764,067.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $744,116.75 and $775,630.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $766,520 they are 76 % more affordable than the average price for Overland Park. The properties with the highest average price have 4 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 3 bedrooms priced at $472,892.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $209 / sq.feet, with an average $12,471 / sq.feet price in Overland Park. The properties with the highest average prices have 4 bedrooms. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at $231 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $766,520 it is 66 % cheaper than the average price in Overland Park. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $800,986 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $200 / sq.feet followed by "Duplex" priced at $5,314 / sq.feet. "House" is the most costly type of property with a $13,821 / sq.feet cost followed by "Townhouse" with an average price of $5,560 / sq.feet.