The prices in real estate in Westerville, 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 Westerville has increased strongly during the last 6 months. In October, the average price per sq.feet was $217. In the following month the price per sq.feet increased considerably to $464. The price for the following two months in (December, January) had a considerable decrease of 68 with regard to the prior two months. The price per sq.feet has had a considerable increase of 156 % 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 $286 to $447.5 during February, and March.
Based upon to the price in Westerville (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $419,402. In November This price remains at $435,846. In the following two months the average price has remained the same with regard to the previous two months from $427,624 to $423,821. 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 $425,722.5 and $442,765.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $451,125 they are 32 % more affordable than the average price for Westerville. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $434,953.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $209 / sq.feet, with an average $212 / sq.feet price in Westerville. The properties with the highest average prices have 2 bedrooms. They are 9 % more expensive than the average followed by properties with 1 bedroom with a price at $229 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $451,125 it is 28 % cheaper than the average price in Westerville. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $451,960 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $96 / sq.feet followed by "Townhouse" priced at $106 / sq.feet. "House" is the most costly type of property with a $316 / sq.feet cost followed by "Condo" with an average price of $218 / sq.feet.