The prices in real estate in Dyer, 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 Dyer has increased strongly during the last 6 months. In April, the average price per sq.feet was $136. In the following month the price per sq.feet increased considerably to $469. The price for the following two months in (June, July) had a considerable decrease of 43 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 56 % 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 $216.25 to $121.5 during August, and September.
Based upon to the price in Dyer (cities), this has gone downing the last 6 months. The average price for April is $303,862. During May the price had a slight fall till $267,204. In the following two months the average price has remained the same with regard to the previous two months from $285,533 to $291,331.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $288,432.25 to $265,842 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $276,111 they are 27 % more affordable than the average price for Dyer. The properties with the highest average price have 4 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 3 bedrooms priced at $283,368.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $127 / sq.feet, with an average $120 / sq.feet price in Dyer. The properties with the highest average prices have 3 bedrooms. They are 19 % more expensive than the average followed by properties with 2 bedrooms with a price at $129 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $276,111 it is 3 % cheaper than the average price in Dyer. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Townhouse". At a price of $279,687 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Townhouse" at an average cost of $123 / sq.feet followed by "Commercial" priced at $126 / sq.feet. "House" is the most costly type of property with a $129 / sq.feet cost followed by "Commercial" with an average price of $126 / sq.feet.