The prices in real estate in Stateline, in the Nevada 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 Stateline has increased strongly during the last 6 months. In November, the average price per sq.feet was $571. In the following month the price per sq.feet increased considerably to $659. In the following two months the price per sq.feet has barely changed, going from $615 to $638 per sq.feet. The price per sq.feet has increased 108 % 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 $626.5 to $679.5 during March, and April.
Based upon to the price in Stateline (cities), this has gone up considerably in the last 6 months. The price in November is $1,829,747, rising in December till $2,013,036. In the following two months the average price has remained the same with regard to the previous two months from $1,921,391.5 to $2,016,658. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,727,467 they are 79 % more affordable than the average price for Stateline. The properties with the lowest average price have 4 bedrooms, Their price is 20 % cheaper than the average. After that we have properties with 3 bedrooms priced at $632,000.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $484 / sq.feet, with an average $638 / sq.feet price in Stateline. The properties with the lowest average prices have 2 bedrooms. They are 1 % cheaper than the average followed by properties with 1 bedroom with a price at $595 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,727,467 it is 63 % cheaper than the average price in Stateline. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $658,396 it is 43 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $424 / sq.feet followed by "House" priced at $678 / sq.feet. "Townhouse" is the most costly type of property with a $2,881 / sq.feet cost followed by "House" with an average price of $678 / sq.feet.