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 March, the average price per sq.feet was $94,680. In the following month the price per sq.feet decreased considerably to $103. The price for the following two months in (May, June) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 3 % 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 $23,721.5 to $612.5 during July, and August.
Based upon to the price in Spring Creek (cities), this has gone downing the last 6 months. In our first sample month during March, the average price is $148,952. In April This price remains at $149,722. During the following two months (May, June) the average price had a considerable reduction of 50 % 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 167 % 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 15 % cheaper than the average price of $153,711 in Spring Creek. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 15 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 11 % cheaper than the average price of ($88 / sq.feet) in Spring Creek. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 11 % cheaper 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 $181,050 it is 15 % 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 $153,711 it is 44 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $88 / sq.feet followed by "House" priced at $128 / sq.feet. "House" is the most costly type of property with a $128 / sq.feet cost followed by "Apartment" with an average price of $88 / sq.feet.