The prices in real estate in Paoli, in the Indiana region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Paoli has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $385. In the following month the price per sq.feet decreased considerably to $282. The price for the following two months in (December, January) had a considerable decrease of 36 with regard to the prior two months. The price per sq.feet has had a considerable increase of 197 % 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 $226.75 to $446 during February, and March.
Based upon to the price in Paoli (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $187,838. In November This price remains at $182,869. During the following two months (December, January) the average price fell 87 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $211,613 they are 46 % more affordable than the average price for Paoli. The properties with the highest average price have 3 bedrooms, Their price is 71 % more costly than the average. After that we have properties with 2 bedrooms priced at $150,143.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $90 / sq.feet, with an average $464 / sq.feet price in Paoli. The properties with the lowest average prices have 3 bedrooms. They are 51 % cheaper than the average followed by properties with 1 bedroom with a price at $169 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $211,613 it is 16 % cheaper than the average price in Paoli. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $177,450 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $138 / sq.feet followed by "Land" priced at $10,975 / sq.feet. "Land" is the most costly type of property with a $10,975 / sq.feet cost followed by "House" with an average price of $138 / sq.feet.