The prices in real estate in Columbus, in the Indiana region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Columbus has increased strongly during the last 6 months. In November, the average price per sq.feet was $147. In December this price pretty much remained the same at a value of $149 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $148 to $153 per sq.feet. The price per sq.feet has had a considerable increase of 576 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $150.5 to $866.5 during March, and April.
Based upon to the price in Columbus (cities), these have remained the same in the last 6 months. The average price for November is $350,022. During December the price had a slight fall till $328,145. In the following two months the average price has remained the same with regard to the previous two months from $339,083.5 to $342,462. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $340,772.75 and $354,427.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $338,410 they are 53 % more affordable than the average price for Columbus. The properties with the highest average price have 4 bedrooms, Their price is 36 % more costly than the average. After that we have properties with 3 bedrooms priced at $284,746.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $153 / sq.feet, with an average $655 / sq.feet price in Columbus. The properties with the highest average prices have 4 bedrooms. They are 1 % more expensive than the average followed by properties with 1 bedroom with a price at $226 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $338,410 it is 43 % cheaper than the average price in Columbus. "Land" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $355,194 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $148 / sq.feet followed by "Condo" priced at $267 / sq.feet. "Land" is the most costly type of property with a $24,541 / sq.feet cost followed by "House" with an average price of $956 / sq.feet.