The prices in real estate in Henderson, 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 Henderson has increased strongly during the last 6 months. In October, the average price per sq.feet was $131. In November this price pretty much remained the same at a value of $133 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has had a considerable increase of 1123 % 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 $121.5 to $1,364.5 during February, and March.
Based upon to the price in Henderson (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $233,193. In November This price remains at $221,647. During the following two months (December, January) the average price had a considerable reduction of 79 % 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 risen strongly 116 % 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 $250,765 they are 74 % more affordable than the average price for Henderson. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $204,353.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $72 / sq.feet, with an average $1,765 / sq.feet price in Henderson. The properties with the lowest average prices have 3 bedrooms. They are 93 % cheaper than the average followed by properties with 4 bedrooms with a price at $119 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $250,765 it is 79 % cheaper than the average price in Henderson. "Office" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $216,224 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $18 / sq.feet followed by "Detached House" priced at $127 / sq.feet. "Land" is the most costly type of property with a $24,458 / sq.feet cost followed by "House" with an average price of $128 / sq.feet.