The prices in real estate in Pacific, in the Missouri 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 Pacific has increased strongly during the last 6 months. In May, the average price per sq.feet was $137. In June this price pretty much remained the same at a value of $136 per sq.feet. The price for the following two months in (July, August) had a considerable increment of 10613 %. The price per sq.feet has had a considerable deflation of 12 % 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 $7,311.5 to $885.5 during September, and October.
Based upon to the price in Pacific (cities), this has gone up considerably in the last 6 months. In our first sample month during May, the average price is $227,272. In June This price remains at $227,044. During the following two months (July, August) the average price had a considerable increase of 835 % 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 355 % 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 $3,415,348 they are 93 % more affordable than the average price for Pacific. The properties with the lowest average price have 3 bedrooms, Their price is 90 % cheaper than the average. After that we have properties with 2 bedrooms priced at $295,394.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $139 / sq.feet, with an average $872 / sq.feet price in Pacific. The properties with the highest average prices have 3 bedrooms. They are 3116 % more expensive than the average followed by properties with 2 bedrooms with a price at $158 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $3,415,348 it is 91 % cheaper than the average price in Pacific. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $318,953 it is 90 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Apartment" at an average cost of $28,046 / sq.feet followed by "Condo" priced at $37,045 / sq.feet. "Condo" is the most costly type of property with a $37,045 / sq.feet cost followed by "Apartment" with an average price of $28,046 / sq.feet.