The prices in real estate in New Carlisle, in the Indiana 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 New Carlisle has increased strongly during the last 6 months. In July, the average price per sq.feet was $154. In August this price pretty much remained the same at a value of $161 per sq.feet. The price for the following two months in (September, October) had a considerable increment of 578 %. The price per sq.feet has had a considerable deflation of 24 % 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 $534 to $126.5 during November, and December.
Based upon to the price in New Carlisle (cities), this has fallen considerably in the last 6 months. In our first sample month during July, the average price is $438,233. In August This price remains at $449,900. During the following two months (September, October) the average price had a considerable reduction of 51 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $334,320.75 to $207,425, which means a 62 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $212,340 they are 29 % more expensive than the average price for New Carlisle. Following this ranking we find those properties with 1 at an average price of $274,006. The properties with the highest average price have 1 bedroom, Their price is 29 % more costly than the average. After that we have properties with 2 bedrooms priced at $272,909.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $77 / sq.feet, with an average $124 / sq.feet price in New Carlisle. The properties with the lowest average prices have 1 bedroom. They are 35 % cheaper than the average followed by properties with 2 bedrooms with a price at $77 / sq.feet.
With regard to the average price based upon the property in New Carlisle we can see that most expensive property type is "House" at a price of $272,909, they are 29 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 29 % 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 $77 / sq.feet. "House" with an average cost of $77 / sq.feet has the lowest price and would be directed at less affluent cities.