Property prices for sale in Irvine (Kentucky)
The prices in real estate in Irvine, 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 Irvine has increased strongly during the last 6 months. In October, the average price per sq.feet was $291. In the following month the price per sq.feet decreased considerably to $143. The price for the following two months in (December, January) had a considerable decrease of 65 with regard to the prior two months. The price per sq.feet has had a considerable increase of 830 % 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 $179.5 to $1,490 during February, and March.
Based upon to the price in Irvine (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $223,420. In November This price remains at $231,928. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $221,251 to $178,661, which means a 81 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $183,842 they are 0 % more expensive than the average price for Irvine. Following this ranking we find those properties with 1 at an average price of $213,944. The properties with the highest average price have 2 bedrooms, Their price is 50 % more costly than the average. After that we have properties with 4 bedrooms priced at $258,850.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $124 / sq.feet, with an average $1,694 / sq.feet price in Irvine. The properties with the lowest average prices have 1 bedroom. They are 89 % cheaper than the average followed by properties with 2 bedrooms with a price at $144 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $183,842 it is 17 % cheaper than the average price in Irvine. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $152,731 it is 13 % 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 $138 / sq.feet followed by "Land" priced at $12,413 / sq.feet. "Land" is the most costly type of property with a $12,413 / sq.feet cost followed by "House" with an average price of $138 / sq.feet.
