The prices in real estate in Prairie Village, in the Kansas region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Prairie Village has increased during the last 6 months. In October, the average price per sq.feet was $269. In the following month the price per sq.feet increased to $284. In the following two months the price per sq.feet has increased 105 %, going from $276.5 to $291.5 per sq.feet. The price per sq.feet has increased 105 % 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 $284 to $299.5 during February, and March.
Based upon to the price in Prairie Village (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $666,200. In November This price remains at $692,650. During the following two months (December, January) the average price had a considerable increase of 116 % 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 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $832,782 they are 64 % more affordable than the average price for Prairie Village. The properties with the lowest average price have 4 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 3 bedrooms priced at $420,365.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $259 / sq.feet, with an average $295 / sq.feet price in Prairie Village. The properties with the highest average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 4 bedrooms with a price at $323 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $832,782 it is 67 % cheaper than the average price in Prairie Village. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $381,681 it is 23 % 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 $266 / sq.feet followed by "House" priced at $269 / sq.feet. "Apartment" is the most costly type of property with a $441 / sq.feet cost followed by "House" with an average price of $269 / sq.feet.