The average price in the Alaska region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in Alaska has increased strongly in the last 6 months. During March, the average price per sq.feet was $182. The following month (April) the price had a considerable increase reaching $295 per sq.feet. In the following two months (May, June) the price per sq.feet has risen strongly to a 398 %. In the last two months, the price per sq.feet has decreased 91 %. This has been obtained by comparing the price $594.25 for the first four months of the sample with regard to the previous 4 months and the price $543.5 per sq.feet for the last two months (July, August).
Based upon to the price in Alaska(region), this has increased in the last 6 months. In the first month sample March the average price is $260,309. In April the price was the same at $272,844. The average price for the following two months (May, June) increased from $266,576.5 to $285,348.5. During the last two months the average price has remained stagnant and has gone from $275,962.5 to $277,909 during July and August.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 51 % more affordable than the average price in Alaska followed by those with 2 with an average price of $242,931. The most costly properties have 4 bedrooms. They are 26 % more expensive than the average followed by those properties with 3 bedrooms priced at $330,341.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $192 / sq.feet being $629 / sq.feet the average value within the Alaska region. The properties with the most expensive average price are those with 4 bedrooms. These are 181 % more costly than the average followed by those with 3 bedrooms with a price of $1,003 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $305,674 it is 78 % more affordable than the average in Alaska. This is followed by "Office" with a price of $180,271. The dearest property type is "Commercial" and is 49 % more expensive than the average, followed by "House" with a cost of $324,963.
Based on the average cost per sq.feet the cheapest property type is "Office with a an average cost of $115 / sq.feet, followed by "Duplex" with a price of $155 / sq.feet. "Commercial" with an average price of $4,794 / sq.feet is the most costly type of property followed by "House" at a price of $716 / sq.feet.