Property prices for sale in Bloomington (Indiana)
The prices in real estate in Bloomington, in the Indiana region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Bloomington has increased during the last 6 months. In October, the average price per sq.feet was $426. In the following month the price per sq.feet increased considerably to $502. The price for the following two months in (December, January) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has had a considerable increase of 188 % 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 $347.25 to $653 during February, and March.
Based upon to the price in Bloomington (cities), these have remained the same in the last 6 months. The average price for October is $463,281. During November the price had a slight fall till $432,074. In the following two months the average price has remained the same with regard to the previous two months from $447,677.5 to $447,232. 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 $447,454.75 and $459,675 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $440,461 they are 73 % more affordable than the average price for Bloomington. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $376,430.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $134 / sq.feet, with an average $1,025 / sq.feet price in Bloomington. The properties with the highest average prices have 4 bedrooms. They are 83 % more expensive than the average followed by properties with 3 bedrooms with a price at $364 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $440,461 it is 62 % cheaper than the average price in Bloomington. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $319,873 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $93 / sq.feet followed by "Commercial" priced at $183 / sq.feet. "Land" is the most costly type of property with a $23,844 / sq.feet cost followed by "Duplex" with an average price of $1,340 / sq.feet.
