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.
The price per sq.feet in Shaker Heights has increased during the last 6 months. In September, the average price per sq.feet was $105. In the following month the price per sq.feet increased considerably to $122. The price for the following two months in (November, December) decreased 95 % with regard to the prior two months. The price per sq.feet has increased 111 % 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 $110.5 to $123 during January, and February.
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 September, is $263,891. During October the price went through a considerable rise reaching $325,230. In the following two months the average price has remained the same with regard to the previous two months from $294,560.5 to $293,107. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $406,873 they are 88 % more affordable than the average price for Shaker Heights. The properties with the lowest average price have 4 bedrooms, Their price is 17 % cheaper than the average. After that we have properties with 3 bedrooms priced at $327,633.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $123 / sq.feet, with an average $143 / sq.feet price in Shaker Heights. The properties with the highest average prices have 1 bedroom. They are 129 % more expensive than the average followed by properties with 2 bedrooms with a price at $309 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $406,873 it is 56 % cheaper than the average price in Shaker Heights. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $236,503 it is 13 % 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 $49 / sq.feet followed by "Detached House" priced at $117 / sq.feet. "Condo" is the most costly type of property with a $279 / sq.feet cost followed by "House" with an average price of $135 / sq.feet.