The prices in real estate in Indianapolis, in the Indiana region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Indianapolis has remained the same in the last 6 months. In September, the average price per sq.feet was $113. In October this price pretty much remained the same at a value of $116 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $114.5 to $111.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $113 to $112 during January y February
Based upon to the price in Indianapolis (cities), this has fallen considerably in the last 6 months. The average price for September is $296,375. During October the price had a slight fall till $268,535. During the following two months (November, December) the average price had a considerable reduction of 80 % 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 89 %, going from $254,233.75 to $225,146.5 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $221,207 they are 27 % more affordable than the average price for Indianapolis. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $203,630.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $103 / sq.feet, with an average $117 / sq.feet price in Indianapolis. The properties with the highest average prices have 1 bedroom. They are 49 % more expensive than the average followed by properties with 3 bedrooms with a price at $114 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $221,207 it is 11 % cheaper than the average price in Indianapolis. "House" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Detached House". At a price of $261,150 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $83 / sq.feet followed by "Detached House" priced at $106 / sq.feet. "Townhouse" is the most costly type of property with a $168 / sq.feet cost followed by "Condo" with an average price of $167 / sq.feet.