The prices in real estate in Sitka, in the Alaska 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 Sitka has increased strongly during the last 6 months. In November, the average price per sq.feet was $277. In the following month the price per sq.feet increased considerably to $417. The price for the following two months in (January, February) had a considerable decrease of 81 with regard to the prior two months. The price per sq.feet has had a considerable increase of 130 % 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 $313.75 to $409 during March, and April.
Based upon to the price in Sitka (cities), these have remained the same in the last 6 months. The average price for November is $584,600. During December the price had a considerable reduction till $488,120. During the following two months (January, February) the price has had an average incrementation from $536,360 to $589,510.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $565,780 they are 47 % more affordable than the average price for Sitka. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 1 bedroom priced at $494,505.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $199 / sq.feet, with an average $295 / sq.feet price in Sitka. The properties with the highest average prices have 1 bedroom. They are 555 % more expensive than the average followed by properties with 2 bedrooms with a price at $356 / sq.feet.
With regard to the average price based upon the property in Sitka we can see that most expensive property type is "House" at a price of $656,488, they are 16 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 16 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $606 / sq.feet. "House" at an average price of $606 / sq.feet has the most expensive price and would be directed at more affluent cities.