Property prices for sale in Ellettsville (Indiana)
The prices in real estate in Ellettsville, 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 Ellettsville has increased strongly during the last 6 months. In October, the average price per sq.feet was $168. In the following month the price per sq.feet increased considerably to $203. In the following two months the price per sq.feet has barely changed, going from $185.5 to $181 per sq.feet. The price per sq.feet has had a considerable increase of 167 % 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 $183.25 to $306 during February, and March.
Based upon to the price in Ellettsville (cities), this has gone up considerably in the last 6 months. The price in October is $309,073, rising in November till $330,254. During the following two months (December, January) the price has had an average incrementation from $319,663.5 to $364,884.5. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % 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 $352,715 they are 71 % more affordable than the average price for Ellettsville. The properties with the highest average price have 4 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 3 bedrooms priced at $387,450.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $149 / sq.feet, with an average $361 / sq.feet price in Ellettsville. The properties with the lowest average prices have 2 bedrooms. They are 5 % cheaper than the average followed by properties with 3 bedrooms with a price at $209 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $352,715 it is 87 % cheaper than the average price in Ellettsville. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $370,560 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $164 / sq.feet followed by "House" priced at $196 / sq.feet. "Land" is the most costly type of property with a $28,188 / sq.feet cost followed by "Condo" with an average price of $662 / sq.feet.
