The prices in real estate in Elizabethtown, 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 Elizabethtown has increased strongly during the last 6 months. In October, the average price per sq.feet was $91. In the following month the price per sq.feet decreased to $83. The price for the following two months in (December, January) had a considerable increment of 720 %. The price per sq.feet has had a considerable increase of 389 % 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 $356.75 to $1,388 during February, and March.
Based upon to the price in Elizabethtown (cities), this has gone up considerably in the last 6 months. The average price for October is $149,916. During November the price had a slight fall till $139,313. During the following two months (December, January) the average price had a considerable increase of 120 % 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 130 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $219,083 they are 53 % more affordable than the average price for Elizabethtown. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $166,847.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $13 / sq.feet, with an average $1,669 / sq.feet price in Elizabethtown. The properties with the highest average prices have 4 bedrooms. They are 57 % more expensive than the average followed by properties with 3 bedrooms with a price at $977 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $219,083 it is 24 % cheaper than the average price in Elizabethtown. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $184,260 it is 230 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $80 / sq.feet followed by "House" priced at $1,020 / sq.feet. "Commercial" is the most costly type of property with a $1,976 / sq.feet cost followed by "House" with an average price of $1,020 / sq.feet.