Property prices for sale in Mayfield (Kentucky)
The prices in real estate in Mayfield, 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 Mayfield has increased strongly during the last 6 months. In October, the average price per sq.feet was $145. In the following month the price per sq.feet decreased to $135. The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 2885 % 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 $133.25 to $3,844.5 during February, and March.
Based upon to the price in Mayfield (cities), this has gone downing the last 6 months. The average price for October is $231,869. During November the price had a considerable reduction till $195,043. In the following two months the average price has remained the same with regard to the previous two months from $213,456 to $205,580. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $209,518 to $194,056.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $206,041 they are 59 % more affordable than the average price for Mayfield. 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 3 bedrooms priced at $186,194.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $56 / sq.feet, with an average $3,515 / sq.feet price in Mayfield. The properties with the lowest average prices have 4 bedrooms. They are 97 % cheaper than the average followed by properties with 1 bedroom with a price at $99 / sq.feet.
With regard to the average price based upon the property in Mayfield we can see that most expensive property type is "House" at a price of $213,840, they are 4 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 4 % more expensive 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 $95 / sq.feet. "House" with an average cost of $95 / sq.feet has the lowest price and would be directed at less affluent cities.
