Property prices for sale in Painesville (Ohio)
The prices in real estate in Painesville, in the Ohio region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Painesville has increased during the last 6 months. In October, the average price per sq.feet was $719. In the following month the price per sq.feet increased to $823. The price for the following two months in (December, January) decreased 87 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 137 % 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 $720 to $984.5 during February, and March.
Based upon to the price in Painesville (cities), this has gone downing the last 6 months. The average price for October is $241,983. During November the price had a slight fall till $218,039. In the following two months the average price has remained the same with regard to the previous two months from $230,011 to $221,191.5. 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 $225,601.25 and $229,291.5 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 $241,535 they are 58 % more affordable than the average price for Painesville. The properties with the highest average price have 4 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 3 bedrooms priced at $187,747.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $75 / sq.feet, with an average $1,280 / sq.feet price in Painesville. The properties with the lowest average prices have 3 bedrooms. They are 87 % cheaper than the average followed by properties with 2 bedrooms with a price at $82 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $241,535 it is 76 % cheaper than the average price in Painesville. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "Apartment". At a price of $173,406 it is 17 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $37 / sq.feet followed by "House" priced at $51 / sq.feet. "Townhouse" is the cheapest type of property with a $1,083 / sq.feet value followed by "Condo" with an average price of $832 / sq.feet.
