The prices in real estate in Winnemucca, in the Nevada 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 Winnemucca has increased strongly during the last 6 months. In November, the average price per sq.feet was $199. In the following month the price per sq.feet increased considerably to $461. In the following two months the price per sq.feet has increased 112 %, going from $330 to $369 per sq.feet. The price per sq.feet has had a considerable increase of 208 % 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 $349.5 to $728 during March, and April.
Based upon to the price in Winnemucca (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $398,106. During December the price went through a considerable rise reaching $969,720. During the following two months (January, February) the average price had a considerable reduction of 83 % 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 88 %, going from $625,478.75 to $547,529 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $588,387 they are 74 % more affordable than the average price for Winnemucca. The properties with the lowest average price have 3 bedrooms, Their price is 72 % cheaper than the average. After that we have properties with 1 bedroom priced at $156,029.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $241 / sq.feet, with an average $851 / sq.feet price in Winnemucca. The properties with the highest average prices have 3 bedrooms. They are 67 % more expensive than the average followed by properties with 1 bedroom with a price at $242 / sq.feet.
With regard to the average price based upon the property in Winnemucca we can see that the cheapest property type is "Land" at a price of $167,480, they are 72 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 72 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Land with an average price of $1,417 / sq.feet. "Land" at an average price of $1,417 / sq.feet has the most expensive price and would be directed at more affluent cities.