The prices in real estate in Hopkinsville, in the Kentucky 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 Hopkinsville has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $583. In the following month the price per sq.feet decreased considerably to $229. The price for the following two months in (August, September) had a considerable decrease of 33 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 25 % 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 $270.5 to $66.5 during October, and November.
Based upon to the price in Hopkinsville (cities), these have remained the same in the last 6 months. The price in June is $145,315, rising in July till $153,260. During the following two months (August, September) the price has had an average incrementation from $149,287.5 to $158,687.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $153,987.5 to $145,628.5 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $134,308 they are 1 % more expensive than the average price for Hopkinsville. Following this ranking we find those properties with 3 at an average price of $167,727. The properties with the highest average price have 2 bedrooms, Their price is 240 % more costly than the average. After that we have properties with 4 bedrooms priced at $223,090.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $66 / sq.feet, with an average $65 / sq.feet price in Hopkinsville. The properties with the highest average prices have 2 bedrooms. They are 2725 % more expensive than the average followed by properties with 4 bedrooms with a price at $368 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $134,308 it is 46 % cheaper than the average price in Hopkinsville. "Condo" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "Apartment". At a price of $156,917 it is 318 % 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 $63 / sq.feet followed by "Condo" priced at $83 / sq.feet. "Apartment" is the most costly type of property with a $986 / sq.feet cost followed by "Land" with an average price of $541 / sq.feet.