The prices in real estate in Berne, 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 Berne has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $57. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (May, June) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable increase of 414 % 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 $14.25 to $59 during July, and August.
Based upon to the price in Berne (cities), this has fallen considerably in the last 6 months. The average price for March is $124,088. During April the price had a considerable reduction till . During the following two months (May, June) the average price had a considerable reduction of 0 % 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 risen strongly 437 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 12 % cheaper than the average price of $109,115 in Berne. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 12 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 5 % cheaper than the average price of ($53 / sq.feet) in Berne. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 5 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $123,963 it is 44 % cheaper than the average price in Berne. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $68,949 it is 12 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $49 / sq.feet followed by "House" priced at $53 / sq.feet. "House" is the cheapest type of property with a $53 / sq.feet value followed by "Townhouse" with an average price of $49 / sq.feet.