Property prices for sale in Silver Springs (Nevada)

The prices in real estate in Silver Springs, in the Nevada 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.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Silver Springs has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $1,328. In the following month the price per sq.feet decreased considerably to $156. The price for the following two months in (September, October) had a considerable decrease of 21 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 36 % 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 $447.5 to $161.5 during November, and December.

Average price

Based upon to the price in Silver Springs (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is $298,496. In August This price remains at $284,714. During the following two months (September, October) the average price fell 90 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 5 % cheaper than the average price of $316,220 in Silver Springs. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 5 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 359 % more costly than the average price of ($798 / sq.feet) in Silver Springs. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 359 % more costly than the average value aforementioned.

Price per property type

The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $332,271 it is 39 % cheaper than the average price in Silver Springs. "Land" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "Duplex". At a price of $203,269 it is 5 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $123 / sq.feet followed by "Land" priced at $798 / sq.feet. "Land" is the most costly type of property with a $798 / sq.feet cost followed by "Duplex" with an average price of $123 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Silver Springs
Number of properties used in region Nevada
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value