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 January, the average price per sq.feet was $93. In the following month the price per sq.feet increased to $98. In the following two months the price per sq.feet has increased 106 %, going from $95.5 to $101 per sq.feet. The price per sq.feet has increased 107 % 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 $98.25 to $105.5 during May, and June.
Based upon to the price in Fort Wayne (cities), this has gone up considerably in the last 6 months. The price in January is $165,404, rising in February till $180,751. During the following two months (March, April) the average price had a considerable increase of 115 % 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 gone up 108 % 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 $196,848 they are 56 % more affordable than the average price for Fort Wayne. The properties with the highest average price have 4 bedrooms, Their price is 33 % more costly than the average. After that we have properties with 3 bedrooms priced at $158,788.
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 $105 / sq.feet price in Fort Wayne. The properties with the highest average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 3 bedrooms with a price at $104 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $196,848 it is 7 % cheaper than the average price in Fort Wayne. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Apartment". At a price of $185,662 it is 0 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $66 / sq.feet followed by "House" priced at $95 / sq.feet. "Condo" is the most costly type of property with a $122 / sq.feet cost followed by "House" with an average price of $95 / sq.feet.