The prices in real estate in Brazil, 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 Brazil has increased strongly during the last 6 months. In March, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $78. The price for the following two months in (May, June) had a considerable increment of 179 %. The price per sq.feet has had a considerable increase of 124 % 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 $54.5 to $67.5 during July, and August.
Based upon to the price in Brazil (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is . During April the price went through a considerable rise reaching $148,361. During the following two months (May, June) 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 145 % 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 $130,311 they are 43 % more affordable than the average price for Brazil. The properties with the highest average price have 4 bedrooms, Their price is 128 % more costly than the average. After that we have properties with 3 bedrooms priced at $127,455.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $64 / sq.feet, with an average $67 / sq.feet price in Brazil. The properties with the highest average prices have 4 bedrooms. They are 12 % more expensive than the average followed by properties with 1 bedroom with a price at $71 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $130,311 it is 52 % cheaper than the average price in Brazil. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $63,298 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $43 / sq.feet followed by "Duplex" priced at $45 / sq.feet. "House" is the cheapest type of property with a $67 / sq.feet value followed by "Duplex" with an average price of $45 / sq.feet.