The prices in real estate in Valley Park, 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 Valley Park has increased strongly during the last 6 months. In October, the average price per sq.feet was $223. In the following month the price per sq.feet decreased to $210. In the following two months the price per sq.feet has barely changed, going from $216.5 to $217.5 per sq.feet. The price per sq.feet has had a considerable increase of 1595 % 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 $217 to $3,460.5 during February, and March.
Based upon to the price in Valley Park (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $368,203. In November This price remains at $357,226. In the following two months the average price has remained the same with regard to the previous two months from $362,714.5 to $372,500. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $367,607.25 and $360,746 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $360,589 they are 53 % more affordable than the average price for Valley Park. The properties with the lowest average price have 3 bedrooms, Their price is 40 % cheaper than the average. After that we have properties with 1 bedroom priced at $175,373.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $69 / sq.feet, with an average $3,209 / sq.feet price in Valley Park. The properties with the lowest average prices have 2 bedrooms. They are 96 % cheaper than the average followed by properties with 3 bedrooms with a price at $120 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $360,589 it is 66 % cheaper than the average price in Valley Park. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Duplex". At a price of $169,150 it is 53 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $16 / sq.feet followed by "Duplex" priced at $58 / sq.feet. "Apartment" is the cheapest type of property with a $69 / sq.feet value followed by "Duplex" with an average price of $58 / sq.feet.