Property prices for sale in Fairland (Indiana)
The prices in real estate in Fairland, in the Indiana 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 Fairland has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $233. In the following month the price per sq.feet decreased considerably to $195. The price for the following two months in (December, January) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has decreased 90 % 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 $194.25 to $175.5 during February, and March.
Based upon to the price in Fairland (cities), these have remained the same in the last 6 months. The average price for October is $459,924. During November the price had a slight fall till $392,559. During the following two months (December, January) the price has had an average incrementation from $426,241.5 to $458,686. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $442,463.75 and $456,279 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $454,131 they are 53 % more affordable than the average price for Fairland. The properties with the lowest average price have 1 bedroom, Their price is 51 % cheaper than the average. After that we have properties with 2 bedrooms priced at $214,147.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $29 / sq.feet, with an average $176 / sq.feet price in Fairland. The properties with the lowest average prices have 2 bedrooms. They are 80 % cheaper than the average followed by properties with 1 bedroom with a price at $29 / sq.feet.
With regard to the average price based upon the property in Fairland we can see that the cheapest property type is "House" at a price of $214,147, they are 53 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 53 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $35 / sq.feet. "House" with an average cost of $35 / sq.feet has the lowest price and would be directed at less affluent cities.
