The average price in the Nevada 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 Nevada has increased strongly in the last 6 months. During October, the average price per sq.feet was $234. The following month (November) the price had a considerable increase reaching $270 per sq.feet. The following two months (December, January) went through an increase of 114 % in the price per sq.feet rising from $252 to $288.5 per sq.feet. In the last two months, the price per sq.feet has increased 108 %. This has been obtained by comparing the price $270.25 for the first four months of the sample with regard to the previous 4 months and the price $291 per sq.feet for the last two months (February, March).
Based upon to the price in Nevada(region), these have remained the same in the last 6 months. October has an average price of $535,289. During November the price had a slight deflation till $507,195. The average price for the following two months (December, January) increased from $521,242 to $572,441.5. During the last two months the price has risen 105 % compared to the previous average values going from $546,841.75 a $575,639 in 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 54 % more affordable than the average price in Nevada followed by those with 2 with an average price of $331,856. The most costly properties have 4 bedrooms. They are 25 % more expensive than the average followed by those properties with 3 bedrooms priced at $479,838.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $235 / sq.feet being $264 / sq.feet the average value within the Nevada region. The properties with the most expensive average price are those with 1 bedroom. These are 22 % more costly than the average followed by those with 4 bedrooms with a price of $289 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $557,594 it is 81 % more affordable than the average in Nevada. This is followed by "Condo" with a price of $284,196. The dearest property type is "House" and is 15 % more expensive than the average, followed by "Apartment" with a cost of $511,833.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $223 / sq.feet, followed by "Condo" with a price of $233 / sq.feet. "Apartment" with an average price of $1,052 / sq.feet is the most costly type of property followed by "Land" at a price of $817 / sq.feet.