Property prices for sale in Pahrump (Nevada)
The prices in real estate in Pahrump, in the Nevada region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Pahrump has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $912. In the following month the price per sq.feet decreased considerably to $622. The price for the following two months in (December, January) had a considerable decrease of 72 with regard to the prior two months. The price per sq.feet has had a considerable increase of 140 % 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 $661 to $925 during February, and March.
Based upon to the price in Pahrump (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $240,875. In November This price remains at $252,547. In the following two months the average price has remained the same with regard to the previous two months from $246,711 to $253,293. 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 $250,002 and $250,291.5 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 $259,820 they are 32 % more affordable than the average price for Pahrump. The properties with the highest average price have 4 bedrooms, Their price is 75 % more costly than the average. After that we have properties with 3 bedrooms priced at $380,155.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $282 / sq.feet, with an average $1,138 / sq.feet price in Pahrump. The properties with the highest average prices have 3 bedrooms. They are 87 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,860 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $259,820 it is 85 % cheaper than the average price in Pahrump. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "Condo". At a price of $612,875 it is 149 % 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 $185 / sq.feet followed by "Condo" priced at $305 / sq.feet. "Duplex" is the most costly type of property with a $14,255 / sq.feet cost followed by "House" with an average price of $2,275 / sq.feet.
