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 December, the average price per sq.feet was $190. In the following month the price per sq.feet increased considerably to $318. The price for the following two months in (February, March) had a considerable increment of 255 %. The price per sq.feet has had a considerable increase of 195 % 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 $450.5 to $879 during April, and May.
Based upon to the price in Overland Park (cities), this has gone downing the last 6 months. The average price for December is $685,591. During January the price had a slight fall till $622,145. In the following two months the average price has remained the same with regard to the previous two months from $653,868 to $625,649. 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 $639,758.5 and $629,163.5 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $610,668 they are 83 % more affordable than the average price for Overland Park. The properties with the lowest average price have 4 bedrooms, Their price is 30 % cheaper than the average. After that we have properties with 3 bedrooms priced at $222,017.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $1,099 / sq.feet, with an average $764 / sq.feet price in Overland Park. The properties with the highest average prices have 4 bedrooms. They are 636 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,404 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $610,668 it is 71 % 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 "Apartment". At a price of $477,044 it is 31 % 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 $607 / sq.feet followed by "Condo" priced at $612 / sq.feet. "Apartment" is the most costly type of property with a $10,026 / sq.feet cost followed by "Office" with an average price of $5,530 / sq.feet.