The prices in real estate in South Lebanon, in the Ohio 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.
The price per sq.feet in South Lebanon has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,018. In the following month the price per sq.feet decreased considerably to $184. The price for the following two months in (December, January) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable increase of 392 % 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 $644.5 to $2,526 during February, and March.
Based upon to the price in South Lebanon (cities), this has gone downing the last 6 months. The average price for October is $476,896. During November the price had a slight fall till $442,415. During the following two months (December, January) the average price fell 86 % 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 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 $399,913 they are 37 % more affordable than the average price for South Lebanon. The properties with the lowest average price have 1 bedroom, Their price is 35 % cheaper than the average. After that we have properties with 3 bedrooms priced at $255,133.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $86 / sq.feet, with an average $174 / sq.feet price in South Lebanon. The properties with the lowest average prices have 2 bedrooms. They are 35 % cheaper than the average followed by properties with 1 bedroom with a price at $103 / sq.feet.
With regard to the average price based upon the property in South Lebanon we can see that the cheapest property type is "House" at a price of $255,133, they are 36 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 36 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $86 / sq.feet. "House" with an average cost of $86 / sq.feet has the lowest price and would be directed at less affluent cities.