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 April, the average price per sq.feet was $329. In the following month the price per sq.feet decreased considerably to $231. The price for the following two months in (June, July) had a considerable increment of 424 %. The price per sq.feet has had a considerable deflation of 21 % 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 $733.25 to $156.5 during August, and September.
Based upon to the price in Gilbertsville (cities), this has fallen considerably in the last 6 months. In our first sample month during April, the average price is $717,878. In May This price remains at $703,250. During the following two months (June, July) the average price had a considerable reduction of 82 % 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 $647,333.75 to $394,259.5, which means a 61 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $393,338 they are 54 % more affordable than the average price for Gilbertsville. The properties with the highest average price have 4 bedrooms, Their price is 34 % more costly than the average. After that we have properties with 3 bedrooms priced at $321,471.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $136 / sq.feet, with an average $152 / sq.feet price in Gilbertsville. The properties with the highest average prices have 4 bedrooms. They are 1060 % more expensive than the average followed by properties with 1 bedroom with a price at $258 / sq.feet.
With regard to the average price based upon the property in Gilbertsville we can see that most expensive property type is "House" at a price of $416,573, they are 6 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 6 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $164 / sq.feet. "House" at an average price of $164 / sq.feet has the most expensive price and would be directed at more affluent cities.