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 February, the average price per sq.feet was $188. In the following month the price per sq.feet decreased to $176. The price for the following two months in (April, May) had a considerable increment of 251 %. The price per sq.feet has decreased 90 % 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 $319.5 to $289 during June, and July.
Based upon to the price in Port Clinton (cities), these have remained the same in the last 6 months. The average price for February is $328,484. During March the price had a slight fall till $298,755. In the following two months the average price has remained the same with regard to the previous two months from $313,619.5 to $299,552. Based on an analysis of the first four prices and the last two months the average price has risen strongly 132 % 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 $266,027 they are 59 % more affordable than the average price for Port Clinton. The properties with the highest average price have 4 bedrooms, Their price is 116 % more costly than the average. After that we have properties with 3 bedrooms priced at $415,202.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $128 / sq.feet, with an average $175 / sq.feet price in Port Clinton. The properties with the highest average prices have 4 bedrooms. They are 21 % more expensive 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 "Land" as the most affordable one. At an cost of $266,027 it is 81 % cheaper than the average price in Port Clinton. "Commercial" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Commercial". At a price of $227,088 it is 8 % 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 $131 / sq.feet followed by "Condo" priced at $161 / sq.feet. "Land" is the most costly type of property with a $1,303 / sq.feet cost followed by "Condo" with an average price of $161 / sq.feet.