Property prices for sale in Sun Valley (Nevada)
The prices in real estate in Sun Valley, 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 Sun Valley has increased strongly during the last 6 months. In November, the average price per sq.feet was $265. In December this price pretty much remained the same at a value of $271 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $268 to $278.5 per sq.feet. The price per sq.feet has had a considerable increase of 573 % 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 $273.25 to $1,564.5 during March, and April.
Based upon to the price in Sun Valley (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $361,884. In December This price remains at $360,819. In the following two months the average price has remained the same with regard to the previous two months from $361,351.5 to $357,429.5. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % 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 $398,094 they are 42 % more affordable than the average price for Sun Valley. The properties with the highest average price have 3 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 4 bedrooms priced at $414,252.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $240 / sq.feet, with an average $280 / sq.feet price in Sun Valley. The properties with the highest average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 2 bedrooms with a price at $307 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $398,094 it is 2 % more expensive than the average price in Sun Valley. "Land" is seen as the second dearest property type. The dearest property type is "Land" followed by "House". At a price of $404,938 it is 214 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $289 / sq.feet followed by "Land" priced at $127,429 / sq.feet. "Land" is the most costly type of property with a $127,429 / sq.feet cost followed by "House" with an average price of $289 / sq.feet.
