The prices in real estate in Bloomfield, 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 Bloomfield has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $83. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (June, July) had a considerable increment of 153 %. The price per sq.feet has had a considerable increase of 210 % 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 $52.5 to $110 during August, and September.
Based upon to the price in Bloomfield (cities), this has fallen considerably in the last 6 months. The average price for April is $160,333. During May the price had a considerable reduction till . During the following two months (June, July) the average price had a considerable increase of 134 % 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 212 % 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 $169,726 they are 36 % more affordable than the average price for Bloomfield. The properties with the highest average price have 4 bedrooms, Their price is 101 % more costly than the average. After that we have properties with 3 bedrooms priced at $168,736.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $85 / sq.feet, with an average $90 / sq.feet price in Bloomfield. The properties with the highest average prices have 4 bedrooms. They are 14 % more expensive than the average followed by properties with 1 bedroom with a price at $89 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $169,726 it is 5 % cheaper than the average price in Bloomfield. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $160,516 it is 4 % 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 $61 / sq.feet followed by "House" priced at $90 / sq.feet. "House" is the cheapest type of property with a $90 / sq.feet value followed by "Commercial" with an average price of $61 / sq.feet.