The prices in real estate in Nineveh, 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 Nineveh has increased strongly during the last 6 months. In October, the average price per sq.feet was $244. In the following month the price per sq.feet increased to $277. The price for the following two months in (December, January) had a considerable increment of 117 %. The price per sq.feet has had a considerable increase of 119 % 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 $283 to $337 during February, and March.
Based upon to the price in Nineveh (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $433,117. During November the price went through a considerable rise reaching $509,064. During the following two months (December, January) the average price had a considerable increase of 132 % 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 109 % 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 $552,525 they are 56 % more affordable than the average price for Nineveh. The properties with the highest average price have 4 bedrooms, Their price is 116 % more costly than the average. After that we have properties with 3 bedrooms priced at $466,306.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $229 / sq.feet, with an average $333 / sq.feet price in Nineveh. The properties with the lowest average prices have 4 bedrooms. They are 2 % cheaper than the average followed by properties with 2 bedrooms with a price at $286 / sq.feet.
With regard to the average price based upon the property in Nineveh we can see that the cheapest property type is "House" at a price of $532,162, they are 4 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 4 % more affordable 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 $271 / sq.feet. "House" with an average cost of $271 / sq.feet has the lowest price and would be directed at less affluent cities.