Property prices for sale in Wilmington (Ohio)
The prices in real estate in Wilmington, 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 Wilmington has increased strongly during the last 6 months. In November, the average price per sq.feet was $174. In December this price pretty much remained the same at a value of $176 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 167 %. The price per sq.feet has had a considerable increase of 333 % 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 $233.75 to $779 during March, and April.
Based upon to the price in Wilmington (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $291,702. In December This price remains at $284,420. During the following two months (January, February) the average price fell 90 % 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 94 %, going from $273,102.25 to $256,364.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $235,685 they are 66 % more affordable than the average price for Wilmington. The properties with the highest average price have 4 bedrooms, Their price is 48 % more costly than the average. After that we have properties with 3 bedrooms priced at $232,561.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $84 / sq.feet, with an average $141 / sq.feet price in Wilmington. The properties with the highest average prices have 4 bedrooms. They are 7370 % more expensive than the average followed by properties with 1 bedroom with a price at $137 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $235,685 it is 12 % more expensive than the average price in Wilmington. "Land" is seen as the second dearest property type. The dearest property type is "Land" followed by "House". At a price of $264,621 it is 914 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $140 / sq.feet followed by "Land" priced at $46,389 / sq.feet. "Land" is the most costly type of property with a $46,389 / sq.feet cost followed by "House" with an average price of $140 / sq.feet.
