The average price in the Ohio 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 Ohio has increased strongly in the last 6 months. During April, the average price per sq.feet was $103. The following month (May) the price had a considerable increase reaching $659 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from $381 to $366.5 per sq.feet. In the last two months, the price per sq.feet has had a significant decrease of 36 %. This has been obtained by comparing the price of $373.75 for the first four months of the sample with regard to the previous 4 months and the price of $135.5 per sq.feet for the last two months (August, September).
Based upon to the price in Ohio(region), this has increased considerably in the last 6 months. The average price in April is $215,949. In May the price increased to $247,325. The price in the following months (June, July) had a strong increment of 133 % going from $231,637 to $309,126.5. During the last two months the price has reduced 88 % compared to the previous average values going from $270,381.75 a $238,948 in August and September.
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 Ohio followed by those with 2 with an average price of $179,233. The most costly properties have 4 bedrooms. They are 38 % more expensive than the average followed by those properties with 3 bedrooms priced at $260,819.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $89 / sq.feet being $154 / sq.feet the average value within the Ohio region. The properties with the most expensive average price are those with 4 bedrooms. These are 1278 % more costly than the average followed by those with 3 bedrooms with a price of $163 / sq.feet.
The graph displaying the average price according to the property type shows "Apartment" as the cheapest one. With an average cost of $247,913 it is 20 % more affordable than the average in Ohio. This is followed by "Land" with a price of $222,999. The dearest property type is "Townhouse" and is 18 % more expensive than the average, followed by "House" with a cost of $254,790.
Based on the average cost per sq.feet the cheapest property type is "Apartment with a an average cost of $93 / sq.feet, followed by "Condo" with a price of $163 / sq.feet. "Land" with an average price of $410 / sq.feet is the most costly type of property followed by "Townhouse" at a price of $187 / sq.feet.