The prices in real estate in Simpsonville, 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 Simpsonville has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,117. In the following month the price per sq.feet decreased considerably to $222. The price for the following two months in (December, January) had a considerable decrease of 34 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 59 % 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 $449.5 to $263 during February, and March.
Based upon to the price in Simpsonville (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $479,185. In November This price remains at $468,609. 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 risen strongly 146 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 222 % more costly than the average price of $2,422,655 in Simpsonville. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 222 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 33827 % more costly than the average price of ($83,461 / sq.feet) in Simpsonville. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 33827 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $752,303 it is 39 % cheaper than the average price in Simpsonville. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $460,018 it is 222 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $43,985 / sq.feet followed by "House" priced at $83,461 / sq.feet. "House" is the most costly type of property with a $83,461 / sq.feet cost followed by "Condo" with an average price of $43,985 / sq.feet.