The prices in real estate in Willoughby, in the Ohio region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Willoughby has increased during the last 6 months. In September, the average price per sq.feet was $113. In October this price pretty much remained the same at a value of $118 per sq.feet. In the following two months the price per sq.feet has increased 114 %, going from $115.5 to $131.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $123.5 to $118.5 during January y February
Based upon to the price in Willoughby (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $240,367. During October the price went through a considerable rise reaching $324,944. During the following two months (November, December) the average price had a considerable increase of 147 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $349,435.25 to $276,634, which means a 79 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $271,405 they are 7 % more affordable than the average price for Willoughby. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $296,287.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $100 / sq.feet, with an average $116 / sq.feet price in Willoughby. The properties with the highest average prices have 2 bedrooms. They are 23 % more expensive than the average followed by properties with 3 bedrooms with a price at $132 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $271,405 it is 10 % cheaper than the average price in Willoughby. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial Property". At a price of $289,628 it is 32 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $95 / sq.feet followed by "House" priced at $106 / sq.feet. "Condo" is the cheapest type of property with a $114 / sq.feet value followed by "Duplex" with an average price of $107 / sq.feet.