The prices in real estate in Vandalia, in the Ohio region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Vandalia has fallen in the last 6 months. In October, the average price per sq.feet was $163. In the following month the price per sq.feet decreased to $143. In the following two months the price per sq.feet has barely changed, going from $153 to $145.5 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 $149.25 to $161.5 during February, and March.
Based upon to the price in Vandalia (cities), this has fallen considerably in the last 6 months. The average price for October is $464,200. During November the price had a considerable reduction till $267,709. During the following two months (December, January) the average price had a considerable reduction of 73 % 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 $316,711.25 to $272,385 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 $275,962 they are 43 % more affordable than the average price for Vandalia. The properties with the highest average price have 3 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 4 bedrooms priced at $315,607.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $121 / sq.feet, with an average $155 / sq.feet price in Vandalia. The properties with the highest average prices have 3 bedrooms. They are 6 % more expensive than the average followed by properties with 1 bedroom with a price at $163 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $275,962 it is 47 % cheaper than the average price in Vandalia. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $279,411 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $13 / sq.feet followed by "House" priced at $146 / sq.feet. "Land" is the most costly type of property with a $181,900 / sq.feet cost followed by "House" with an average price of $146 / sq.feet.