The prices in real estate in Papillion, in the Nebraska region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Papillion has fallen in the last 6 months. In March, the average price per sq.feet was $131. In April this price pretty much remained the same at a value of $131 per sq.feet. The price for the following two months in (May, June) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has increased 107 % 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 $120.5 to $129 during July, and August.
Based upon to the price in Papillion (cities), this has gone downing the last 6 months. In our first sample month during March, the average price is $373,294. In April This price remains at $367,564. During the following two months (May, June) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $353,943.5 to $334,344.5 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $359,409 they are 63 % more affordable than the average price for Papillion. The properties with the lowest average price have 1 bedroom, Their price is 55 % cheaper than the average. After that we have properties with 3 bedrooms priced at $133,589.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $752 / sq.feet, with an average $136 / sq.feet price in Papillion. The properties with the highest average prices have 3 bedrooms. They are 560 % more expensive than the average followed by properties with 1 bedroom with a price at $752 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $359,409 it is 63 % cheaper than the average price in Papillion. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $326,116 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $110 / sq.feet followed by "House" priced at $135 / sq.feet. "Apartment" is the most costly type of property with a $897 / sq.feet cost followed by "Duplex" with an average price of $288 / sq.feet.