The prices in real estate in Spring Hill, in the Kansas 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 Spring Hill has increased strongly during the last 6 months. In December, the average price per sq.feet was $164. In the following month the price per sq.feet increased considerably to $257. The price for the following two months in (February, March) had a considerable increment of 154 %. The price per sq.feet has had a considerable increase of 139 % 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 $267.5 to $370.5 during April, and May.
Based upon to the price in Spring Hill (cities), this has gone up in the last 6 months. The price in December is $348,381, rising in January till $379,133. In the following two months the average price has remained the same with regard to the previous two months from $363,757 to $352,595. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % 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 $387,044 they are 1 % more affordable than the average price for Spring Hill. The properties with the lowest average price have 1 bedroom, Their price is 1 % cheaper than the average. After that we have properties with 2 bedrooms priced at $382,979.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $20,178 / sq.feet, with an average $365 / sq.feet price in Spring Hill. The properties with the highest average prices have 1 bedroom. They are 5434 % more expensive than the average followed by properties with 2 bedrooms with a price at $20,178 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $387,044 it is 1 % cheaper than the average price in Spring Hill. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Apartment". At a price of $382,979 it is 441 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Townhouse" at an average cost of $5,367 / sq.feet followed by "Apartment" priced at $20,178 / sq.feet. "Apartment" is the most costly type of property with a $20,178 / sq.feet cost followed by "Townhouse" with an average price of $5,367 / sq.feet.