The prices in real estate in Sandusky, 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 Sandusky has increased strongly during the last 6 months. In January, the average price per sq.feet was $76. In the following month the price per sq.feet increased considerably to $93. The price for the following two months in (March, April) had a considerable increment of 257 %. The price per sq.feet has had a considerable increase of 510 % 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 $150.75 to $768.5 during May, and June.
Based upon to the price in Sandusky (cities), this has gone downing the last 6 months. In our first sample month during January, the average price is $161,236. In February This price remains at $164,518. In the following two months the average price has remained the same with regard to the previous two months from $162,877 to $158,785.5. During the last two months the average price has had a strong fall compared to the previous four going from $160,831.25 to $131,492.5, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $132,442 they are 48 % more affordable than the average price for Sandusky. The properties with the highest average price have 4 bedrooms, Their price is 40 % more costly than the average. After that we have properties with 3 bedrooms priced at $145,646.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $74 / sq.feet, with an average $569 / sq.feet price in Sandusky. The properties with the lowest average prices have 4 bedrooms. They are 64 % cheaper than the average followed by properties with 3 bedrooms with a price at $96 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $132,442 it is 1 % cheaper than the average price in Sandusky. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $152,533 it is 134 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $83 / sq.feet followed by "House" priced at $707 / sq.feet. "Commercial" is the most costly type of property with a $1,901 / sq.feet cost followed by "House" with an average price of $707 / sq.feet.