The average price in the Nebraska region has had a strong decrease in recent months. There has been a strong deflation in the prices in this region.
The price per sq.feet in Nebraska has risen considerably in the last 6 months. During October, the average price per sq.feet was $2,167. The following month (November) the price had a considerable deflation reaching $527 per sq.feet. The following two months (December, January) went through a considerable deflation of 71 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant decrease of 44 %. This has been obtained by comparing the price of $1,154.5 for the first four months of the sample with regard to the previous 4 months and the price of $511.5 per sq.feet for the last two months (February, March).
Based upon to the price in Nebraska (region), this has decreased in the last 6 months. October has an average price of $416,021. During November the price had a slight deflation till $372,105. The average price for the following two months (December, January) decreased 93 % compared to the prior two. During the last two months the average price has remained stagnant and has gone from $380,056 to $364,396.5 during February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 60 % more affordable than the average price in Nebraska followed by those with 2 with an average price of $241,436. The most costly properties have 4 bedrooms. They are 50 % more expensive than the average followed by those properties with 3 bedrooms priced at $322,300.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $132 / sq.feet being $565 / sq.feet the average value within the Nebraska region. The properties with the most expensive average price are those with 4 bedrooms. These are 322 % more costly than the average followed by those with 1 bedroom with a price of $144 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $355,006 it is 71 % more affordable than the average in Nebraska. This is followed by "Condo" with a price of $311,457. The dearest property type is "Ranch" and is 281 % more expensive than the average, followed by "Apartment" with a cost of $484,963.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $123 / sq.feet, followed by "Apartment" with a price of $184 / sq.feet. "Ranch" with an average price of $5,081 / sq.feet is the most costly type of property followed by "Land" at a price of $1,794 / sq.feet.