The prices in real estate in Valley City, in the Ohio 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 Valley City has increased strongly during the last 6 months. In October, the average price per sq.feet was $204. In November this price pretty much remained the same at a value of $204 per sq.feet. The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 4796 % 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 $193.75 to $9,293 during February, and March.
Based upon to the price in Valley City (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $559,096. In November This price remains at $541,371. During the following two months (December, January) the price has had an average incrementation from $550,233.5 to $592,888.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $571,561 to $496,498.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $482,376 they are 29 % more affordable than the average price for Valley City. The properties with the lowest average price have 2 bedrooms, Their price is 28 % cheaper than the average. After that we have properties with 1 bedroom priced at $340,405.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $75 / sq.feet, with an average $10,587 / sq.feet price in Valley City. The properties with the lowest average prices have 2 bedrooms. They are 99 % cheaper than the average followed by properties with 1 bedroom with a price at $75 / sq.feet.
With regard to the average price based upon the property in Valley City we can see that the cheapest property type is "House" at a price of $347,567, they are 28 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 28 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $76 / sq.feet. "House" with an average cost of $76 / sq.feet has the lowest price and would be directed at less affluent cities.