The prices in real estate in Fort Wayne, in the Indiana region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Fort Wayne has increased during the last 6 months. In May, the average price per sq.feet was $97. In the following month the price per sq.feet increased to $102. In the following two months the price per sq.feet has increased 111 %, going from $99.5 to $110.5 per sq.feet. The price per sq.feet has decreased 91 % 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 $105 to $95.5 during September, and October.
Based upon to the price in Fort Wayne (cities), these have remained the same in the last 6 months. In our first sample month during May, the average price is $212,111. In June This price remains at $216,553. In the following two months the average price has remained the same with regard to the previous two months from $214,332 to $215,122.5. 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 $214,727.25 and $206,833.5 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $202,148 they are 62 % more affordable than the average price for Fort Wayne. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 1 bedroom priced at $221,354.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $72 / sq.feet, with an average $98 / sq.feet price in Fort Wayne. The properties with the highest average prices have 3 bedrooms. They are 5 % more expensive than the average followed by properties with 1 bedroom with a price at $101 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $202,148 it is 56 % cheaper than the average price in Fort Wayne. "Land" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Condo". At a price of $213,680 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $86 / sq.feet followed by "Condo" priced at $91 / sq.feet. "House" is the most costly type of property with a $326 / sq.feet cost followed by "Apartment" with an average price of $103 / sq.feet.