The prices in real estate in Panora, in the Iowa region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Panora has remained the same in the last 6 months. In June, the average price per sq.feet was $450. In the following month the price per sq.feet decreased considerably to $333. In the following two months the price per sq.feet has increased 108 %, going from $391.5 to $421.5 per sq.feet. The price per sq.feet has had a considerable increase of 142 % 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 $406.5 to $577.5 during October, and November.
Based upon to the price in Panora (cities), this has fallen considerably in the last 6 months. The average price for June is $794,830. During July the price had a considerable reduction till $556,789. During the following two months (August, September) the price has had an average incrementation from $675,809.5 to $764,792. During the last two months the average price has had a strong fall compared to the previous four going from $720,300.75 to $599,297.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $592,067 they are 37 % more affordable than the average price for Panora. The properties with the lowest average price have 1 bedroom, Their price is 37 % cheaper than the average. After that we have properties with 2 bedrooms priced at $373,256.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $171 / sq.feet, with an average $423 / sq.feet price in Panora. The properties with the lowest average prices have 1 bedroom. They are 58 % cheaper than the average followed by properties with 2 bedrooms with a price at $171 / sq.feet.
With regard to the average price based upon the property in Panora we can see that the cheapest property type is "Apartment" at a price of $323,894, they are 45 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 45 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $109 / sq.feet. "Apartment" with an average cost of $109 / sq.feet has the lowest price and would be directed at less affluent cities.