The prices in real estate in Spring Creek, in the Nevada 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 Spring Creek has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $1,138. In the following month the price per sq.feet decreased considerably to $759. The price for the following two months in (July, August) had a considerable decrease of 49 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 19 % 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 $705.25 to $132.5 during September, and October.
Based upon to the price in Spring Creek (cities), this has gone up in the last 6 months. The average price for May is $222,528. During June the price had a slight fall till $190,873. During the following two months (July, August) the average price had a considerable increase of 117 % 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 118 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 32 % cheaper than the average price of $151,566 in Spring Creek. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 32 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 37 % more costly than the average price of ($74 / sq.feet) in Spring Creek. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 37 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $221,623 it is 32 % cheaper than the average price in Spring Creek. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $151,566 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Apartment" at an average cost of $74 / sq.feet followed by "House" priced at $114 / sq.feet. "House" is the most costly type of property with a $114 / sq.feet cost followed by "Apartment" with an average price of $74 / sq.feet.