The prices in real estate in Angola, 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 Angola has increased strongly during the last 6 months. In October, the average price per sq.feet was $235. In November this price pretty much remained the same at a value of $235 per sq.feet. The price for the following two months in (December, January) decreased 87 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 496 % 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 $219.5 to $1,089.5 during February, and March.
Based upon to the price in Angola (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $476,202. In November This price remains at $469,052. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $455,212 to $361,952, which means a 80 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $373,223 they are 87 % more affordable than the average price for Angola. The properties with the highest average price have 4 bedrooms, Their price is 91 % more costly than the average. After that we have properties with 3 bedrooms priced at $373,807.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $123 / sq.feet, with an average $1,480 / sq.feet price in Angola. The properties with the lowest average prices have 4 bedrooms. They are 84 % cheaper than the average followed by properties with 2 bedrooms with a price at $209 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $373,223 it is 60 % cheaper than the average price in Angola. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $474,109 it is 38 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $101 / sq.feet followed by "Condo" priced at $120 / sq.feet. "Land" is the most costly type of property with a $41,781 / sq.feet cost followed by "House" with an average price of $224 / sq.feet.