The prices in real estate in Sitka, in the Alaska region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Sitka has increased during the last 6 months. In March, the average price per sq.feet was $343. In the following month the price per sq.feet decreased to $314. In the following two months the price per sq.feet has barely changed, going from $328.5 to $333.5 per sq.feet. The price per sq.feet has had a considerable increase of 142 % 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 $331 to $470 during July, and August.
Based upon to the price in Sitka (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is $534,250. In April This price remains at $554,214. During the following two months (May, June) 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 risen strongly 145 % 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 $553,424 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 $406,321.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $173 / sq.feet, with an average $546 / sq.feet price in Sitka. The properties with the highest average prices have 1 bedroom. They are 1 % more expensive than the average followed by properties with 2 bedrooms with a price at $330 / 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 $639,619, 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 $580 / sq.feet. "House" at an average price of $580 / sq.feet has the most expensive price and would be directed at more affluent cities.