The prices in real estate in Oredo, in the Edo region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Oredo has fallen in the last 6 months. In August, the average price per m² was ₦ 27,568. In the following month the price per m² decreased considerably to ₦ 18,577. The price for the following two months in (October, November) had a considerable increment of 124 %. The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of ₦ 25,813.5 to ₦ 25,188.5 during December y January
Based upon to the price in Oredo (cities & towns), this has fallen considerably in the last 6 months. The average price for August is ₦ 27,546,296. During September the price had a considerable reduction till ₦ 21,882,500. During the following two months (October, November) the price has had an average incrementation from ₦ 24,714,398 to ₦ 28,220,370. During the last two months the average price has had a strong fall compared to the previous four going from ₦ 26,467,384 to ₦ 16,275,556, which means a 61 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of ₦ 21,040,000 in Oredo. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 0 % cheaper than the average price of (₦ 44,740 / m²) in Oredo. Properties with the most affordable price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Oredo we can see that the cheapest property type is "House" at a price of ₦ 21,040,000, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by m² the cheapest property type is "House with an average price of ₦ 44,740 / m². "House" with an average cost of ₦ 44,740 / m² has the lowest price and would be directed at less affluent cities.