Property prices for sale in Gilbertsville (Kentucky)
The prices in real estate in Gilbertsville, in the Kentucky 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 Gilbertsville has increased strongly during the last 6 months. In October, the average price per sq.feet was $339. In the following month the price per sq.feet increased considerably to $7,327. The price for the following two months in (December, January) had a considerable increment of 194 %. The price per sq.feet has had a considerable increase of 205 % 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 $5,638.75 to $11,565.5 during February, and March.
Based upon to the price in Gilbertsville (cities), this has fallen considerably in the last 6 months. The average price for October is $1,231,300. During November the price had a considerable reduction till $636,302. During the following two months (December, January) the average price had a considerable reduction of 74 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $810,086.5 to $371,746.5, which means a 46 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $413,411 they are 39 % more affordable than the average price for Gilbertsville. The properties with the highest average price have 3 bedrooms, Their price is 62 % more costly than the average. After that we have properties with 4 bedrooms priced at $603,450.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $251 / sq.feet, with an average $9,734 / sq.feet price in Gilbertsville. The properties with the lowest average prices have 1 bedroom. They are 97 % cheaper than the average followed by properties with 4 bedrooms with a price at $290 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $413,411 it is 72 % cheaper than the average price in Gilbertsville. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $115,940 it is 50 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $262 / sq.feet followed by "Land" priced at $56,111 / sq.feet. "Land" is the most costly type of property with a $56,111 / sq.feet cost followed by "House" with an average price of $262 / sq.feet.
