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 October, the average price per sq.feet was $1,668. In the following month the price per sq.feet increased to $1,816. The price for the following two months in (December, January) had a considerable increment of 135 %. The price per sq.feet has had a considerable increase of 367 % 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 $2,045 to $7,500 during February, and March.
Based upon to the price in Soldotna (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $400,592. In November This price remains at $414,019. During the following two months (December, January) the average price had a considerable reduction of 84 % 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 $375,121.75 to $316,066, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $268,571 they are 29 % more affordable than the average price for Soldotna. The properties with the highest average price have 4 bedrooms, Their price is 123 % more costly than the average. After that we have properties with 2 bedrooms priced at $504,415.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $597 / sq.feet, with an average $12,306 / sq.feet price in Soldotna. The properties with the lowest average prices have 3 bedrooms. They are 78 % cheaper than the average followed by properties with 4 bedrooms with a price at $1,838 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $268,571 it is 71 % cheaper than the average price in Soldotna. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $504,878 it is 106 % 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 $99 / sq.feet followed by "Detached House" priced at $219 / sq.feet. "Land" is the most costly type of property with a $38,676 / sq.feet cost followed by "House" with an average price of $293 / sq.feet.