The prices in real estate in Peebles, in the Ohio 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 Peebles has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $5,892. In the following month the price per sq.feet decreased considerably to $1,768. The price for the following two months in (January, February) decreased 86 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 71 % 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 $3,559 to $2,539 during March, and April.
Based upon to the price in Peebles (cities), these have remained the same in the last 6 months. The average price during our first sample month during November, is $188,295. During December the price went through a considerable rise reaching $230,744. During the following two months (January, February) the average price had a considerable reduction of 80 % 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 gone up 111 % 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 $244,684 they are 50 % more affordable than the average price for Peebles. The properties with the highest average price have 4 bedrooms, Their price is 36 % more costly than the average. After that we have properties with 2 bedrooms priced at $235,826.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $133 / sq.feet, with an average $259 / sq.feet price in Peebles. The properties with the highest average prices have 1 bedroom. They are 1875 % more expensive than the average followed by properties with 2 bedrooms with a price at $278 / sq.feet.
With regard to the average price based upon the property in Peebles we can see that most expensive property type is "House" at a price of $250,790, they are 2 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 2 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $167 / sq.feet. "House" with an average cost of $167 / sq.feet has the lowest price and would be directed at less affluent cities.