The prices in real estate in Bedford, in the Indiana region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Bedford has remained the same in the last 6 months. In April, the average price per sq.feet was $983. In the following month the price per sq.feet decreased considerably to $799. The price for the following two months in (June, July) had a considerable increment of 201 %. The price per sq.feet has had a considerable deflation of 23 % 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 $1,342 to $310.5 during August, and September.
Based upon to the price in Bedford (cities), this has gone up considerably in the last 6 months. In our first sample month during April, the average price is $168,388. In May This price remains at $170,263. During the following two months (June, July) the price has had an average incrementation from $169,325.5 to $181,626.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 234 % 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 $198,202 they are 52 % more affordable than the average price for Bedford. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $199,065.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $84 / sq.feet, with an average $104 / sq.feet price in Bedford. The properties with the highest average prices have 2 bedrooms. They are 2 % more expensive than the average followed by properties with 3 bedrooms with a price at $99 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $198,202 it is 57 % cheaper than the average price in Bedford. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $205,570 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 $103 / sq.feet followed by "Office" priced at $158 / sq.feet. "Commercial" is the most costly type of property with a $1,788 / sq.feet cost followed by "Office" with an average price of $158 / sq.feet.