Property prices for sale in Westlake (Ohio)
The prices in real estate in Westlake, 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 Westlake has fallen in the last 6 months. In March, the average price per sq.feet was $210. In the following month the price per sq.feet decreased to $197. In the following two months the price per sq.feet has barely changed, going from $203.5 to $201 per sq.feet. The price per sq.feet has decreased 95 % 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 $202.25 to $192 during July, and August.
Based upon to the price in Westlake (cities), this has gone downing the last 6 months. In our first sample month during March, the average price is $609,327. In April This price remains at $590,913. In the following two months the average price has remained the same with regard to the previous two months from $600,120 to $603,271. During the last two months the average price has had a strong fall compared to the previous four going from $601,695.5 to $492,176.5, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $488,852 they are 71 % more affordable than the average price for Westlake. The properties with the highest average price have 4 bedrooms, Their price is 36 % more costly than the average. After that we have properties with 3 bedrooms priced at $392,485.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $162 / sq.feet, with an average $197 / sq.feet price in Westlake. The properties with the highest average prices have 2 bedrooms. They are 10 % more expensive than the average followed by properties with 3 bedrooms with a price at $204 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $488,852 it is 63 % cheaper than the average price in Westlake. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $372,912 it is 11 % 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 $52 / sq.feet followed by "Detached House" priced at $79 / sq.feet. "House" is the most costly type of property with a $201 / sq.feet cost followed by "Condo" with an average price of $182 / sq.feet.
