The prices in real estate in Lake Village, in the Indiana 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 Lake Village has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $190. In the following month the price per sq.feet increased to $207. The price for the following two months in (October, November) had a considerable decrease of 64 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 82 % 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 $163 to $133 during December, and January.
Based upon to the price in Lake Village (cities), this has gone up in the last 6 months. The average price during our first sample month during August, is $231,586. During September the price went through a considerable rise reaching $268,055. During the following two months (October, November) the average price had a considerable increase of 117 % 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 $270,916 to $208,493.5, which means a 77 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 102 % more costly than the average price of $425,457 in Lake Village. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 102 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 169519 % more costly than the average price of ($227,290 / sq.feet) in Lake Village. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 169519 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Lake Village we can see that the cheapest property type is "House" at a price of $198,667, they are 6 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 6 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $613 / sq.feet. "House" at an average price of $613 / sq.feet has the most expensive price and would be directed at more affluent cities.