The prices in real estate in Lake Village, in the Indiana 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 Lake Village has increased strongly during the last 6 months. In December, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $127. The price for the following two months in (February, March) had a considerable increment of 226 %. The price per sq.feet has had a considerable increase of 137 % 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 $103.5 to $142 during April, and May.
Based upon to the price in Lake Village (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during December, is . During January the price went through a considerable rise reaching $341,871. During the following two months (February, March) the average price had a considerable increase of 224 % 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 159 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $396,563 they are 64 % more affordable than the average price for Lake Village. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 2 bedrooms priced at $330,326.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $124 / sq.feet, with an average $152 / sq.feet price in Lake Village. The properties with the highest average prices have 2 bedrooms. They are 28 % more expensive than the average followed by properties with 3 bedrooms with a price at $131 / sq.feet.
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 $248,994, they are 37 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 37 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $121 / sq.feet. "House" with an average cost of $121 / sq.feet has the lowest price and would be directed at less affluent cities.