The prices in real estate in Hartford City, 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 Hartford City has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $103. In the following month the price per sq.feet decreased to $97. The price for the following two months in (December, January) had a considerable decrease of 80 with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $90 to $83 during February, and March.
Based upon to the price in Hartford City (cities), this has fallen considerably in the last 6 months. The average price for October is $196,667. During November the price had a considerable reduction till $163,906. During the following two months (December, January) the average price fell 87 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $168,848.5 to $152,010.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $158,217 they are 64 % more affordable than the average price for Hartford City. The properties with the highest average price have 4 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 3 bedrooms priced at $104,929.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $45 / sq.feet, with an average $90 / sq.feet price in Hartford City. The properties with the lowest average prices have 4 bedrooms. They are 6 % cheaper than the average followed by properties with 1 bedroom with a price at $84 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $158,217 it is 55 % cheaper than the average price in Hartford City. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $71,895 it is 23 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $61 / sq.feet. "House" with an average cost of $61 / sq.feet has the lowest price and would be directed at less affluent cities.