The prices in real estate in Lawrenceburg, 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 Lawrenceburg has increased strongly during the last 6 months. In October, the average price per sq.feet was $227. In the following month the price per sq.feet increased considerably to $397. The price for the following two months in (December, January) had a considerable decrease of 56 with regard to the prior two months. The price per sq.feet has had a considerable increase of 2278 % 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 $243 to $5,534.5 during February, and March.
Based upon to the price in Lawrenceburg (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $419,227. In November This price remains at $407,036. During the following two months (December, January) the average price had a considerable reduction of 82 % 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 $376,159 to $330,782.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $318,535 they are 57 % more affordable than the average price for Lawrenceburg. The properties with the highest average price have 4 bedrooms, Their price is 45 % more costly than the average. After that we have properties with 2 bedrooms priced at $212,014.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $92 / sq.feet, with an average $3,436 / sq.feet price in Lawrenceburg. The properties with the lowest average prices have 4 bedrooms. They are 50 % cheaper than the average followed by properties with 3 bedrooms with a price at $763 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $318,535 it is 86 % cheaper than the average price in Lawrenceburg. "" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $232,433 it is 110 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $173 / sq.feet followed by "House" priced at $554 / sq.feet. "Commercial" is the most costly type of property with a $5,712 / sq.feet cost followed by "Detached House" with an average price of $1,323 / sq.feet.