Property prices for sale in New Albany (Indiana)
The prices in real estate in New Albany, in the Indiana region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in New Albany has fallen in the last 6 months. In October, the average price per sq.feet was $170. In November this price pretty much remained the same at a value of $163 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $166.5 to $159.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $163 to $161 during February y March
Based upon to the price in New Albany (cities), this has fallen considerably in the last 6 months. The average price for October is $353,325. During November the price had a considerable reduction till $299,934. During the following two months (December, January) the average price fell 90 % 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 92 %, going from $309,584.75 to $283,620 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 $277,341 they are 42 % more affordable than the average price for New Albany. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at $271,379.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $159 / sq.feet, with an average $166 / sq.feet price in New Albany. The properties with the highest average prices have 1 bedroom. They are 15025 % more expensive than the average followed by properties with 3 bedrooms with a price at $169 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $277,341 it is 52 % cheaper than the average price in New Albany. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $278,861 it is 91 % 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 $164 / sq.feet followed by "Condo" priced at $178 / sq.feet. "Land" is the most costly type of property with a $89,790 / sq.feet cost followed by "Office" with an average price of $573 / sq.feet.
