The prices in real estate in Greenfield, 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 Greenfield has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $668. In the following month the price per sq.feet decreased considerably to $157. The price for the following two months in (January, February) had a considerable decrease of 38 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 55 % 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 $284.5 to $156 during March, and April.
Based upon to the price in Greenfield (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $314,845. In December This price remains at $310,784. In the following two months the average price has remained the same with regard to the previous two months from $312,814.5 to $323,910. 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 $318,362.25 and $306,956.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $302,740 they are 56 % more affordable than the average price for Greenfield. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $304,735.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $94 / sq.feet, with an average $156 / sq.feet price in Greenfield. The properties with the highest average prices have 3 bedrooms. They are 4 % more expensive than the average followed by properties with 2 bedrooms with a price at $158 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $302,740 it is 24 % cheaper than the average price in Greenfield. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $314,482 it is 387 % 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 $152 / sq.feet followed by "Land" priced at $70,333 / sq.feet. "Land" is the most costly type of property with a $70,333 / sq.feet cost followed by "House" with an average price of $152 / sq.feet.