The prices in real estate in Pickerington, in the Ohio region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Pickerington has increased strongly during the last 6 months. In May, the average price per sq.feet was $556. In the following month the price per sq.feet increased considerably to $3,313. The price for the following two months in (July, August) had a considerable decrease of 61 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 30 % 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 $1,557.5 to $466.5 during September, and October.
Based upon to the price in Pickerington (cities), these have remained the same in the last 6 months. In our first sample month during May, the average price is $328,380. In June This price remains at $342,111. During the following two months (July, August) the average price fell 91 % 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 108 % 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 $355,596 they are 43 % more affordable than the average price for Pickerington. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 3 bedrooms priced at $325,546.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $134 / sq.feet, with an average $137 / sq.feet price in Pickerington. The properties with the highest average prices have 2 bedrooms. They are 15 % more expensive than the average followed by properties with 3 bedrooms with a price at $145 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $355,596 it is 21 % 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 "House". At a price of $350,000 it is 316 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $127 / sq.feet followed by "Condo" priced at $154 / sq.feet. "Land" is the most costly type of property with a $830 / sq.feet cost followed by "Condo" with an average price of $154 / sq.feet.