The prices in real estate in Hopkinsville, 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 Hopkinsville has increased strongly during the last 6 months. In November, the average price per sq.feet was $55. In the following month the price per sq.feet increased considerably to $65. The price for the following two months in (January, February) had a considerable increment of 933 %. The price per sq.feet has had a considerable increase of 218 % 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 $310 to $676.5 during March, and April.
Based upon to the price in Hopkinsville (cities), this has gone up considerably in the last 6 months. The price in November is $112,845, rising in December till $128,814. During the following two months (January, February) the average price had a considerable increase of 118 % 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 122 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $152,970 they are 21 % more affordable than the average price for Hopkinsville. The properties with the highest average price have 2 bedrooms, Their price is 199 % more costly than the average. After that we have properties with 4 bedrooms priced at $452,647.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $101 / sq.feet, with an average $628 / sq.feet price in Hopkinsville. The properties with the highest average prices have 2 bedrooms. They are 193 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,820 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $152,970 it is 12 % cheaper than the average price in Hopkinsville. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $133,949 it is 196 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $90 / sq.feet followed by "House" priced at $1,820 / sq.feet. "House" is the most costly type of property with a $1,820 / sq.feet cost followed by "Condo" with an average price of $90 / sq.feet.