The prices in real estate in South Whitley, in the Indiana 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 South Whitley has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $196. In the following month the price per sq.feet decreased considerably to $139. The price for the following two months in (December, January) decreased 87 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $157 to $149.5 during February y March
Based upon to the price in South Whitley (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $343,281. In November This price remains at $359,617. During the following two months (December, January) the price has had an average incrementation from $351,449 to $394,929. During the last two months the average price has had a strong fall compared to the previous four going from $373,189 to $281,210, which means a 75 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $180,207 they are 3 % more affordable than the average price for South Whitley. The properties with the lowest average price have 1 bedroom, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at $175,516.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $27 / sq.feet, with an average $111 / sq.feet price in South Whitley. The properties with the lowest average prices have 1 bedroom. They are 71 % cheaper than the average followed by properties with 3 bedrooms with a price at $27 / sq.feet.
With regard to the average price based upon the property in South Whitley we can see that the cheapest property type is "House" at a price of $133,938, they are 26 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 26 % 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 $28 / sq.feet. "House" with an average cost of $28 / sq.feet has the lowest price and would be directed at less affluent cities.