Property prices for sale in Bloomfield (Indiana)
The prices in real estate in Bloomfield, 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 Bloomfield has increased strongly during the last 6 months. In October, the average price per sq.feet was $146. In the following month the price per sq.feet increased to $162. The price for the following two months in (December, January) had a considerable increment of 142 %. The price per sq.feet has had a considerable increase of 157 % 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 $186 to $291.5 during February, and March.
Based upon to the price in Bloomfield (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is $362,480. During November the price went through a considerable rise reaching $420,130. During the following two months (December, January) the average price fell 95 % 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 $380,748 to $308,426, which means a 81 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $298,876 they are 67 % more affordable than the average price for Bloomfield. The properties with the highest average price have 3 bedrooms, Their price is 44 % more costly than the average. After that we have properties with 4 bedrooms priced at $228,211.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $39 / sq.feet, with an average $403 / sq.feet price in Bloomfield. The properties with the lowest average prices have 3 bedrooms. They are 42 % cheaper than the average followed by properties with 2 bedrooms with a price at $69 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $298,876 it is 49 % cheaper than the average price in Bloomfield. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $153,889 it is 39 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $19 / sq.feet followed by "House" priced at $51 / sq.feet. "House" is the cheapest type of property with a $51 / sq.feet value followed by "Commercial" with an average price of $19 / sq.feet.
