The prices in real estate in Louisville, in the Kentucky region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Louisville has increased during the last 6 months. In September, the average price per sq.feet was $137. In October this price pretty much remained the same at a value of $141 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $139 to $146 per sq.feet. The price per sq.feet has increased 114 % 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 $142.5 to $162 during January, and February.
Based upon to the price in Louisville (cities), this has gone up in the last 6 months. The average price during our first sample month during September, is $271,364. During October the price went through a considerable rise reaching $320,664. During the following two months (November, December) the average price fell 91 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $282,477.75 and $294,629.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $294,187 they are 35 % more affordable than the average price for Louisville. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at $276,390.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $150 / sq.feet, with an average $164 / sq.feet price in Louisville. The properties with the highest average prices have 1 bedroom. They are 1 % more expensive than the average followed by properties with 2 bedrooms with a price at $164 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $294,187 it is 17 % cheaper than the average price in Louisville. "Farm" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $465,760 it is 64 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $162 / sq.feet followed by "Detached House" priced at $169 / sq.feet. "Land" is the most costly type of property with a $103,017 / sq.feet cost followed by "Farm" with an average price of $749 / sq.feet.