Property prices for sale in Shell Knob (Missouri)
The prices in real estate in Shell Knob, 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 Shell Knob has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $9,006. In the following month the price per sq.feet decreased to $8,412. The price for the following two months in (January, February) had a considerable decrease of 58 with regard to the prior two months. The price per sq.feet has had a considerable increase of 141 % 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 $6,872.25 to $9,672.5 during March, and April.
Based upon to the price in Shell Knob (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $304,151. In December This price remains at $302,824. During the following two months (January, February) the average price had a considerable increase of 128 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $345,978.75 to $325,354 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $368,188 they are 16 % more affordable than the average price for Shell Knob. The properties with the highest average price have 3 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 4 bedrooms priced at $481,490.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $179 / sq.feet, with an average $5,290 / sq.feet price in Shell Knob. The properties with the lowest average prices have 2 bedrooms. They are 95 % cheaper than the average followed by properties with 1 bedroom with a price at $256 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $368,188 it is 84 % cheaper than the average price in Shell Knob. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $58,036 it is 27 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $232 / sq.feet followed by "Land" priced at $40,694 / sq.feet. "Land" is the most costly type of property with a $40,694 / sq.feet cost followed by "House" with an average price of $232 / sq.feet.
