Property prices for sale in Nicholasville (Kentucky)
The prices in real estate in Nicholasville, in the Kentucky region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Nicholasville has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,885. In the following month the price per sq.feet decreased considerably to $2,339. The price for the following two months in (December, January) had a considerable decrease of 35 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 72 % 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 $1,761.75 to $1,274.5 during February, and March.
Based upon to the price in Nicholasville (cities), this has gone up in the last 6 months. The average price for October is $392,593. During November the price had a slight fall till $361,123. During the following two months (December, January) the average price had a considerable increase of 120 % 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 gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $441,821 they are 39 % more affordable than the average price for Nicholasville. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at $355,517.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $190 / sq.feet, with an average $1,386 / sq.feet price in Nicholasville. The properties with the highest average prices have 1 bedroom. They are 847 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,080 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $441,821 it is 53 % cheaper than the average price in Nicholasville. "Land" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "Condo". At a price of $532,633 it is 563 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $269 / sq.feet followed by "House" priced at $1,022 / sq.feet. "Land" is the most costly type of property with a $72,667 / sq.feet cost followed by "Farm" with an average price of $8,571 / sq.feet.
