Property prices for sale in Columbia City (Indiana)
The prices in real estate in Columbia City, 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 Columbia City has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,892. In the following month the price per sq.feet decreased considerably to $280. The price for the following two months in (December, January) had a considerable decrease of 15 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 29 % 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 $626 to $179.5 during February, and March.
Based upon to the price in Columbia City (cities), these have remained the same in the last 6 months. The average price for October is $313,129. During November the price had a considerable reduction till $244,211. In the following two months the average price has remained the same with regard to the previous two months from $278,670 to $290,520.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % 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 $338,774 they are 69 % more affordable than the average price for Columbia City. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at $192,913.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $85 / sq.feet, with an average $187 / sq.feet price in Columbia City. The properties with the highest average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 4 bedrooms with a price at $153 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $338,774 it is 43 % cheaper than the average price in Columbia City. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $193,030 it is 21 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $54 / sq.feet followed by "House" priced at $143 / sq.feet. "House" is the cheapest type of property with a $143 / sq.feet value followed by "Condo" with an average price of $54 / sq.feet.
