The prices in real estate in Salina, in the Kansas 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 Salina has fallen in the last 6 months. In July, the average price per sq.feet was $133. In August this price pretty much remained the same at a value of $133 per sq.feet. The price for the following two months in (September, October) decreased 94 % with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $129 to $118.5 during November, and December.
Based upon to the price in Salina (cities), this has gone downing the last 6 months. In our first sample month during July, the average price is $206,090. In August This price remains at $205,922. In the following two months the average price has remained the same with regard to the previous two months from $206,006 to $197,158. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $201,582 to $176,030 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $177,002 they are 55 % more affordable than the average price for Salina. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $191,395.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $83 / sq.feet, with an average $118 / sq.feet price in Salina. The properties with the highest average prices have 3 bedrooms. They are 17 % more expensive than the average followed by properties with 4 bedrooms with a price at $112 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $177,002 it is 30 % cheaper than the average price in Salina. "Land" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $177,613 it is 39 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $50 / sq.feet followed by "Condo" priced at $67 / sq.feet. "Land" is the most costly type of property with a $1,102 / sq.feet cost followed by "House" with an average price of $120 / sq.feet.