Property prices for sale in Prospect (Kentucky)
The prices in real estate in Prospect, 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 Prospect has increased strongly during the last 6 months. In October, the average price per sq.feet was $209. In November this price pretty much remained the same at a value of $218 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $213.5 to $237.5 per sq.feet. The price per sq.feet has increased 114 % 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 $225.5 to $257 during February, and March.
Based upon to the price in Prospect (cities), this has gone up in the last 6 months. The price in October is $762,910, rising in November till $805,813. In the following two months the average price has remained the same with regard to the previous two months from $784,361.5 to $803,888.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $794,125 and $799,137.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $782,793 they are 39 % more affordable than the average price for Prospect. The properties with the highest average price have 1 bedroom, Their price is 95 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,054,254.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $251 / sq.feet, with an average $262 / sq.feet price in Prospect. The properties with the highest average prices have 2 bedrooms. They are 6 % more expensive than the average followed by properties with 1 bedroom with a price at $270 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $782,793 it is 44 % cheaper than the average price in Prospect. "Land" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $926,758 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $188 / sq.feet followed by "House" priced at $244 / sq.feet. "Land" is the most costly type of property with a $134,018 / sq.feet cost followed by "Condo" with an average price of $285 / sq.feet.
