The prices in real estate in Bremen, 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 Bremen has increased strongly during the last 6 months. In February, the average price per sq.feet was $150. In the following month the price per sq.feet increased to $158. The price for the following two months in (April, May) had a considerable increment of 284 %. The price per sq.feet has had a considerable deflation of 43 % 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 $295.5 to $127.5 during June, and July.
Based upon to the price in Bremen (cities), this has gone up considerably in the last 6 months. The price in February is $305,293, rising in March till $325,991. During the following two months (April, May) the average price had a considerable increase of 210 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $489,773.5 to $297,612.5, which means a 61 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $324,719 they are 56 % more affordable than the average price for Bremen. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $202,137.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $83 / sq.feet, with an average $126 / sq.feet price in Bremen. The properties with the highest average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 2 bedrooms with a price at $118 / sq.feet.
With regard to the average price based upon the property in Bremen we can see that the cheapest property type is "House" at a price of $255,609, they are 21 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 21 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $109 / sq.feet. "House" with an average cost of $109 / sq.feet has the lowest price and would be directed at less affluent cities.