Property prices for sale in Silver Springs (Nevada)

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.

$197,149
Average price last 6 months
$25,378.5
Price/sq.feet last 6 months
Average price per sq.feet

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 $5,727. In the following month the price per sq.feet decreased considerably to $3,197. The price for the following two months in (March, April) had a considerable increment of 689 %. The price per sq.feet has had a considerable increase of 232 % 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 $17,607.75 to $40,920 during May, and June.

Average price

Based upon to the price in Silver Springs (cities), this has fallen considerably in the last 6 months. The price in January is $256,938, rising in February till $286,390. During the following two months (March, April) the average price had a considerable reduction of 65 % 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 $223,836.5 to $143,774, which means a 64 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $141,457 they are 21 % more expensive than the average price for Silver Springs. Following this ranking we find those properties with 1 at an average price of $277,623. The properties with the highest average price have 3 bedrooms, Their price is 140 % more costly than the average. After that we have properties with 4 bedrooms priced at $315,734.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $158 / sq.feet, with an average $48,810 / sq.feet price in Silver Springs. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 3 bedrooms with a price at $211 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Duplex" as the most costly one. At an cost of $141,457 it is 36 % more expensive than the average price in Silver Springs. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Duplex". At a price of $192,550 it is 116 % 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 $69 / sq.feet followed by "House" priced at $194 / sq.feet. "House" is the cheapest type of property with a $194 / sq.feet value followed by "Duplex" with an average price of $69 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Silver Springs
Number of properties used in region Nevada
$141,457
$48,810
846
213,052
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value