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 October, the average price per sq.feet was $97. In November this price pretty much remained the same at a value of $96 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 80 with regard to the prior two months. The price per sq.feet has had a considerable increase of 1013 % 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 $86.75 to $878.5 during February, and March.
Based upon to the price in Brazil (cities), this has fallen considerably in the last 6 months. The average price for October is $204,074. During November the price had a slight fall till $187,152. During the following two months (December, January) the average price had a considerable reduction of 62 % 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 115 % 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 $187,370 they are 43 % more affordable than the average price for Brazil. The properties with the highest average price have 4 bedrooms, Their price is 55 % more costly than the average. After that we have properties with 3 bedrooms priced at $260,397.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $67 / sq.feet, with an average $882 / sq.feet price in Brazil. The properties with the lowest average prices have 3 bedrooms. They are 88 % cheaper than the average followed by properties with 2 bedrooms with a price at $97 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $187,370 it is 67 % 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 $62,159 it is 4 % 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 $25 / sq.feet followed by "Duplex" priced at $27 / sq.feet. "House" is the cheapest type of property with a $85 / sq.feet value followed by "Duplex" with an average price of $27 / sq.feet.