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.
The price per sq.feet in Silver Springs has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,635. In the following month the price per sq.feet decreased considerably to $218. The price for the following two months in (December, January) had a considerable increment of 1548 %. The price per sq.feet has had a considerable increase of 179 % 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 $7,636.5 to $13,682.5 during February, and March.
Based upon to the price in Silver Springs (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is $265,963. During November the price went through a considerable rise reaching $318,261. During the following two months (December, January) the average price fell 90 % 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 $278,074.5 to $218,692.5, which means a 79 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $150,995 they are 14 % more expensive than the average price for Silver Springs. Following this ranking we find those properties with 1 at an average price of $278,459. The properties with the highest average price have 3 bedrooms, Their price is 126 % more costly than the average. After that we have properties with 4 bedrooms priced at $316,685.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $161 / sq.feet, with an average $24,168 / 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 $214 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most costly one. At an cost of $150,995 it is 28 % 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 $193,130 it is 103 % 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 $72 / sq.feet followed by "House" priced at $197 / sq.feet. "House" is the cheapest type of property with a $197 / sq.feet value followed by "Duplex" with an average price of $72 / sq.feet.
