Property prices for sale in Crestwood (Kentucky)
The prices in real estate in Crestwood, in the Kentucky 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 Crestwood has increased strongly during the last 6 months. In October, the average price per sq.feet was $173. In November this price pretty much remained the same at a value of $173 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $173 to $188.5 per sq.feet. The price per sq.feet has had a considerable increase of 125 % 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 $180.75 to $226 during February, and March.
Based upon to the price in Crestwood (cities), these have remained the same in the last 6 months. The average price for October is $478,442. During November the price had a slight fall till $427,207. In the following two months the average price has remained the same with regard to the previous two months from $452,824.5 to $443,081.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $519,824 they are 79 % more affordable than the average price for Crestwood. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $351,247.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $164 / sq.feet, with an average $234 / sq.feet price in Crestwood. The properties with the lowest average prices have 3 bedrooms. They are 9 % cheaper than the average followed by properties with 4 bedrooms with a price at $187 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $519,824 it is 70 % cheaper than the average price in Crestwood. "Land" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "House". At a price of $507,828 it is 2 % 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 $159 / sq.feet followed by "Detached House" priced at $183 / sq.feet. "Land" is the most costly type of property with a $100,870 / sq.feet cost followed by "House" with an average price of $199 / sq.feet.
