The prices in real estate in Sullivan, in the Missouri 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 Sullivan has increased strongly during the last 6 months. In March, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $119. The price for the following two months in (May, June) had a considerable increment of 434 %. The price per sq.feet has had a considerable deflation of 64 % 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 $159 to $102 during July, and August.
Based upon to the price in Sullivan (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is . During April the price went through a considerable rise reaching $221,600. During the following two months (May, June) the average price had a considerable increase of 241 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $188,944.75 to $162,001.5 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $164,322 they are 50 % more affordable than the average price for Sullivan. The properties with the highest average price have 4 bedrooms, Their price is 55 % more costly than the average. After that we have properties with 3 bedrooms priced at $234,050.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $76 / sq.feet, with an average $109 / sq.feet price in Sullivan. The properties with the highest average prices have 3 bedrooms. They are 19 % more expensive than the average followed by properties with 2 bedrooms with a price at $114 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most costly one. At an cost of $164,322 it is 68 % more expensive than the average price in Sullivan. "Apartment" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Condo". At a price of $276,556 it is 91 % 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 $108 / sq.feet followed by "Apartment" priced at $126 / sq.feet. "Apartment" is the most costly type of property with a $126 / sq.feet cost followed by "Condo" with an average price of $108 / sq.feet.