The prices in real estate in Lawrenceburg, 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 Lawrenceburg has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $281. In the following month the price per sq.feet decreased considerably to $114. The price for the following two months in (December, January) had a considerable decrease of 58 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 79 % 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 $155.75 to $122.5 during February, and March.
Based upon to the price in Lawrenceburg (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $242,304. In November This price remains at $236,968. During the following two months (December, January) the price has had an average incrementation from $239,636 to $259,461.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % 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 $282,792 they are 61 % more affordable than the average price for Lawrenceburg. 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 3 bedrooms priced at $277,765.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $95 / sq.feet, with an average $125 / sq.feet price in Lawrenceburg. The properties with the highest average prices have 4 bedrooms. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at $118 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $282,792 it is 64 % cheaper than the average price in Lawrenceburg. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $101,012 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $110 / sq.feet followed by "Land" priced at $521 / sq.feet. "Land" is the most costly type of property with a $521 / sq.feet cost followed by "House" with an average price of $110 / sq.feet.