Property prices for sale in Shaker Heights (Ohio)

The prices in real estate in Shaker Heights, in the Ohio 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.

$422,061.5
Average price last 6 months
$110.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Shaker Heights has increased during the last 6 months. In November, the average price per sq.feet was $105. In the following month the price per sq.feet increased to $116. In the following two months the price per sq.feet has barely changed, going from $110.5 to $107.5 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 $109 to $114.5 during March, and April.

Average price

Based upon to the price in Shaker Heights (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $321,000. During December the price went through a considerable rise reaching $970,000. During the following two months (January, February) the average price had a considerable reduction of 52 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $489,085.5 to $288,013.5, which means a 59 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $299,133 they are 26 % more affordable than the average price for Shaker Heights. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at $235,913.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $90 / sq.feet, with an average $117 / sq.feet price in Shaker Heights. The properties with the lowest average prices have 4 bedrooms. They are 10 % cheaper than the average followed by properties with 3 bedrooms with a price at $102 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $299,133 it is 50 % cheaper than the average price in Shaker Heights. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $305,641 it is 212 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $37 / sq.feet followed by "House" priced at $82 / sq.feet. "Apartment" is the most costly type of property with a $134 / sq.feet cost followed by "House" with an average price of $82 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Shaker Heights
Number of properties used in region Ohio
$299,133
$117
340
106,806
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value