The prices in real estate in Silver Springs, in the Nevada 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 Silver Springs has increased strongly during the last 6 months. In January, the average price per sq.feet was $152. In the following month the price per sq.feet increased considerably to $567. The price for the following two months in (March, April) had a considerable increment of 443 %. The price per sq.feet has had a considerable deflation of 61 % 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 $975.5 to $594.5 during May, and June.
Based upon to the price in Silver Springs (cities), this has gone up in the last 6 months. In our first sample month during January, the average price is $223,604. In February This price remains at $217,575. In the following two months the average price has remained the same with regard to the previous two months from $220,589.5 to $223,834.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 125 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 9 % more costly than the average price of $310,567 in Silver Springs. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 9 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 22 % cheaper than the average price of ($780 / sq.feet) in Silver Springs. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 22 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $285,245 it is 30 % cheaper than the average price in Silver Springs. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Duplex". At a price of $199,631 it is 9 % 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 $105 / sq.feet followed by "Land" priced at $780 / sq.feet. "Land" is the cheapest type of property with a $780 / sq.feet value followed by "Duplex" with an average price of $105 / sq.feet.