The prices in real estate in Powell, in the Ohio region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Powell has fallen in the last 6 months. In October, the average price per sq.feet was $189. In the following month the price per sq.feet decreased to $165. In the following two months the price per sq.feet has barely changed, going from $177 to $174 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $175.5 to $184 during February y March
Based upon to the price in Powell (cities), this has fallen considerably in the last 6 months. The average price for October is $601,690. During November the price had a considerable reduction till $431,846. During the following two months (December, January) the average price had a considerable reduction of 83 % with regard to the previous two months. 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 $473,772.25 and $456,407 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $456,364 they are 40 % more affordable than the average price for Powell. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 1 bedroom priced at $377,227.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $124 / sq.feet, with an average $187 / sq.feet price in Powell. The properties with the lowest average prices have 2 bedrooms. They are 20 % cheaper than the average followed by properties with 3 bedrooms with a price at $140 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $456,364 it is 17 % cheaper than the average price in Powell. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $386,831 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $110 / sq.feet followed by "Townhouse" priced at $121 / sq.feet. "Apartment" is the cheapest type of property with a $126 / sq.feet value followed by "House" with an average price of $123 / sq.feet.