The prices in real estate in Edmonton, in the Kentucky 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 Edmonton has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $314. In February this price pretty much remained the same at a value of $314 per sq.feet. The price for the following two months in (March, April) had a considerable decrease of 52 with regard to the prior two months. The price per sq.feet has had a considerable increase of 132 % 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 $238.25 to $313.5 during May, and June.
Based upon to the price in Edmonton (cities), this has fallen considerably in the last 6 months. In our first sample month during January, the average price is $542,713. In February This price remains at $533,027. During the following two months (March, April) the average price had a considerable reduction of 50 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 128 % 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 $495,615 they are 63 % more affordable than the average price for Edmonton. The properties with the highest average price have 4 bedrooms, Their price is 83 % more costly than the average. After that we have properties with 3 bedrooms priced at $448,094.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $216 / sq.feet, with an average $308 / sq.feet price in Edmonton. The properties with the highest average prices have 4 bedrooms. They are 29 % more expensive than the average followed by properties with 3 bedrooms with a price at $284 / sq.feet.
With regard to the average price based upon the property in Edmonton we can see that most expensive property type is "House" at a price of $647,910, they are 31 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 31 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $331 / sq.feet. "House" at an average price of $331 / sq.feet has the most expensive price and would be directed at more affluent cities.