The prices in real estate in Pickerington, 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 Pickerington has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $3,840. In the following month the price per sq.feet decreased considerably to $3,084. The price for the following two months in (November, December) had a considerable decrease of 70 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 81 % 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 $2,946.75 to $2,391.5 during January, and February.
Based upon to the price in Pickerington (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $452,664. In October This price remains at $447,208. In the following two months the average price has remained the same with regard to the previous two months from $449,936 to $433,992.5. 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 $441,964.25 and $449,006.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $450,166 they are 58 % more affordable than the average price for Pickerington. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 3 bedrooms priced at $360,561.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $162 / sq.feet, with an average $3,273 / sq.feet price in Pickerington. The properties with the lowest average prices have 1 bedroom. They are 94 % cheaper than the average followed by properties with 3 bedrooms with a price at $187 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $450,166 it is 31 % cheaper than the average price in Pickerington. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $463,782 it is 199 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $162 / sq.feet followed by "Apartment" priced at $178 / sq.feet. "Land" is the most costly type of property with a $46,000 / sq.feet cost followed by "House" with an average price of $180 / sq.feet.