The prices in real estate in Soldotna, 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 Soldotna has increased strongly during the last 6 months. In February, the average price per sq.feet was $142. In the following month the price per sq.feet increased to $150. In the following two months the price per sq.feet has increased 110 %, going from $146 to $161 per sq.feet. The price per sq.feet has had a considerable increase of 117 % 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 $153.5 to $179 during June, and July.
Based upon to the price in Soldotna (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $234,490. In March This price remains at $242,021. During the following two months (April, May) the price has had an average incrementation from $238,255.5 to $270,425.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $329,938 they are 37 % more affordable than the average price for Soldotna. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $304,317.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $166 / sq.feet, with an average $182 / sq.feet price in Soldotna. The properties with the highest average prices have 1 bedroom. They are 36 % more expensive than the average followed by properties with 2 bedrooms with a price at $199 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $329,938 it is 31 % cheaper than the average price in Soldotna. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $276,024 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $131 / sq.feet followed by "House" priced at $183 / sq.feet. "Land" is the most costly type of property with a $787 / sq.feet cost followed by "Commercial" with an average price of $708 / sq.feet.