Property prices for sale in Carmel (Indiana)
The prices in real estate in Carmel, in the Indiana region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Carmel has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $5,309. In the following month the price per sq.feet decreased to $4,632. The price for the following two months in (September, October) had a considerable decrease of 27 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 4 % 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 $3,150.25 to $141.5 during November, and December.
Based upon to the price in Carmel (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is $543,006. In August This price remains at $518,481. In the following two months the average price has remained the same with regard to the previous two months from $530,743.5 to $535,941. 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 $533,342.25 and $510,660.5 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $496,758 they are 23 % more affordable than the average price for Carmel. The properties with the lowest average price have 2 bedrooms, Their price is 15 % cheaper than the average. After that we have properties with 1 bedroom priced at $384,517.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $132 / sq.feet, with an average $140 / sq.feet price in Carmel. The properties with the lowest average prices have 2 bedrooms. They are 3 % cheaper than the average followed by properties with 1 bedroom with a price at $132 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $496,758 it is 15 % cheaper than the average price in Carmel. "Office" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Condo". At a price of $516,127 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $113 / sq.feet followed by "Townhouse" priced at $125 / sq.feet. "Condo" is the most costly type of property with a $145 / sq.feet cost followed by "Apartment" with an average price of $136 / sq.feet.
