The prices in real estate in Washoe Valley, in the Nevada region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Washoe Valley has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $336. In September this price pretty much remained the same at a value of $340 per sq.feet. The price for the following two months in (October, November) had a considerable decrease of 83 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 81 % 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 $309.5 to $251 during December, and January.
Based upon to the price in Washoe Valley (cities), this has gone up in the last 6 months. The average price during our first sample month during August, is $892,519. During September the price went through a considerable rise reaching $1,072,474. In the following two months the average price has remained the same with regard to the previous two months from $982,496.5 to $1,002,583. During the last two months the average price has had a strong fall compared to the previous four going from $992,539.75 to $826,829, which means a 83 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 38 % more costly than the average price of $1,123,664 in Washoe Valley. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 38 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 18 % more costly than the average price of ($297 / sq.feet) in Washoe Valley. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 18 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Washoe Valley we can see that most expensive property type is "House" at a price of $1,123,664, they are 38 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 38 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $297 / sq.feet. "House" at an average price of $297 / sq.feet has the most expensive price and would be directed at more affluent cities.