Property prices for sale in Republic (Missouri)
The prices in real estate in Republic, in the Missouri region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Republic has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $3,219. In the following month the price per sq.feet decreased considerably to $1,975. In the following two months the price per sq.feet has increased 114 %, going from $2,597 to $2,958 per sq.feet. The price per sq.feet has had a considerable deflation of 58 % 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 $2,777.5 to $1,600 during March, and April.
Based upon to the price in Republic (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $286,293. In December This price remains at $300,276. In the following two months the average price has remained the same with regard to the previous two months from $293,284.5 to $303,819.5. 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 $298,552 and $297,809.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $301,716 they are 53 % more affordable than the average price for Republic. The properties with the lowest average price have 1 bedroom, Their price is 52 % cheaper than the average. After that we have properties with 2 bedrooms priced at $141,281.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $22 / sq.feet, with an average $927 / sq.feet price in Republic. The properties with the lowest average prices have 1 bedroom. They are 96 % cheaper than the average followed by properties with 2 bedrooms with a price at $22 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $301,716 it is 53 % cheaper than the average price in Republic. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $140,574 it is 53 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $17 / sq.feet followed by "House" priced at $22 / sq.feet. "House" is the cheapest type of property with a $22 / sq.feet value followed by "Duplex" with an average price of $17 / sq.feet.
