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 February, the average price per sq.feet was $102. In the following month the price per sq.feet increased considerably to $124. The price for the following two months in (April, May) had a considerable increment of 141 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $136.25 to $143 during June y July
Based upon to the price in Bloomfield (cities), this has gone up considerably in the last 6 months. The price in February is $202,646, rising in March till $226,532. During the following two months (April, May) the average price had a considerable increase of 128 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $245,154.5 and $236,899 between June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $231,065 they are 56 % more affordable than the average price for Bloomfield. The properties with the highest average price have 3 bedrooms, Their price is 90 % more costly than the average. After that we have properties with 4 bedrooms priced at $232,833.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $59 / sq.feet, with an average $135 / sq.feet price in Bloomfield. The properties with the highest average prices have 3 bedrooms. They are 89 % more expensive than the average followed by properties with 2 bedrooms 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 $231,065 it is 32 % 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 $157,010 it is 19 % 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 $39 / sq.feet followed by "House" priced at $71 / sq.feet. "House" is the cheapest type of property with a $71 / sq.feet value followed by "Commercial" with an average price of $39 / sq.feet.