The prices in real estate in Port Clinton, 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 Port Clinton has increased strongly during the last 6 months. In October, the average price per sq.feet was $219. In the following month the price per sq.feet increased considerably to $256. In the following two months the price per sq.feet has increased 108 %, going from $237.5 to $257.5 per sq.feet. 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 $247.5 to $266 during February, and March.
Based upon to the price in Port Clinton (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $382,843. In November This price remains at $383,356. During the following two months (December, January) the price has had an average incrementation from $383,099.5 to $439,280. 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 $411,189.75 and $424,194 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $426,489 they are 39 % more affordable than the average price for Port Clinton. The properties with the highest average price have 4 bedrooms, Their price is 103 % more costly than the average. After that we have properties with 3 bedrooms priced at $532,387.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $246 / sq.feet, with an average $278 / sq.feet price in Port Clinton. The properties with the highest average prices have 1 bedroom. They are 32 % more expensive than the average followed by properties with 3 bedrooms with a price at $303 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $426,489 it is 66 % cheaper than the average price in Port Clinton. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $455,686 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $114 / sq.feet followed by "House" priced at $228 / sq.feet. "Land" is the most costly type of property with a $125,658 / sq.feet cost followed by "Condo" with an average price of $355 / sq.feet.