The prices in real estate in Nicholasville, 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 Nicholasville has increased strongly during the last 6 months. In February, the average price per sq.feet was $667. In the following month the price per sq.feet increased considerably to $179,979. The price for the following two months in (April, May) had a considerable decrease of 48 with regard to the prior two months. The price per sq.feet has had a considerable increase of 271 % 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 $66,761 to $181,044 during June, and July.
Based upon to the price in Nicholasville (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $181,633. During March the price went through a considerable rise reaching $510,149. During the following two months (April, May) the average price had a considerable reduction of 57 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 134 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 14 % cheaper than the average price of $218,442 in Nicholasville. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 14 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 53 % cheaper than the average price of ($1,090 / sq.feet) in Nicholasville. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 53 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $254,519 it is 14 % cheaper than the average price in Nicholasville. "Duplex" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $218,442 it is 24 % 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 $1,090 / sq.feet followed by "Duplex" priced at $184,379 / sq.feet. "Duplex" is the most costly type of property with a $184,379 / sq.feet cost followed by "House" with an average price of $1,090 / sq.feet.