The prices in real estate in La Grange, 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 La Grange has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $283. In the following month the price per sq.feet decreased considerably to $164. The price for the following two months in (July, August) had a considerable decrease of 61 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 78 % 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 $180.25 to $141 during September, and October.
Based upon to the price in La Grange (cities), this has fallen considerably in the last 6 months. The average price for May is $510,967. During June the price had a considerable reduction till $318,358. During the following two months (July, August) 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 88 %, going from $373,539 to $327,853.5 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $331,921 they are 24 % more affordable than the average price for La Grange. The properties with the highest average price have 1 bedroom, Their price is 81 % more costly than the average. After that we have properties with 4 bedrooms priced at $414,972.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $130 / sq.feet, with an average $143 / sq.feet price in La Grange. The properties with the highest average prices have 1 bedroom. They are 204 % more expensive than the average followed by properties with 2 bedrooms with a price at $149 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $331,921 it is 21 % cheaper than the average price in La Grange. "Villa" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $320,191 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $103 / sq.feet followed by "House" priced at $136 / sq.feet. "Townhouse" is the most costly type of property with a $152 / sq.feet cost followed by "Condo" with an average price of $138 / sq.feet.