The prices in real estate in Ellettsville, in the Indiana region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Ellettsville has fallen in the last 6 months. In May, the average price per sq.feet was $122. In June this price pretty much remained the same at a value of $123 per sq.feet. The price for the following two months in (July, August) had a considerable decrease of 58 with regard to the prior two months. The price per sq.feet has had a considerable increase of 145 % 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 $97 to $141 during September, and October.
Based upon to the price in Ellettsville (cities), this has fallen considerably in the last 6 months. The average price for May is $230,403. During June the price had a considerable reduction till $193,967. During the following two months (July, August) the average price had a considerable reduction of 68 % 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 136 % 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 $247,800 they are 24 % more affordable than the average price for Ellettsville. The properties with the lowest average price have 1 bedroom, Their price is 24 % cheaper than the average. After that we have properties with 2 bedrooms priced at $188,402.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $93 / sq.feet, with an average $140 / sq.feet price in Ellettsville. The properties with the lowest average prices have 1 bedroom. They are 30 % cheaper than the average followed by properties with 2 bedrooms with a price at $93 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $247,800 it is 80 % cheaper than the average price in Ellettsville. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $170,190 it is 24 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $86 / sq.feet followed by "House" priced at $93 / sq.feet. "Condo" is the most costly type of property with a $703 / sq.feet cost followed by "Farm" with an average price of $267 / sq.feet.