The prices in real estate in Trafalgar, in the Indiana region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Trafalgar has fallen in the last 6 months. In September, the average price per sq.feet was $147. In October this price pretty much remained the same at a value of $142 per sq.feet. The price for the following two months in (November, December) had a considerable decrease of 78 with regard to the prior two months. The price per sq.feet has increased 105 % 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 $128.25 to $135 during January, and February.
Based upon to the price in Trafalgar (cities), this has fallen considerably in the last 6 months. The average price for September is $518,750. During October the price had a considerable reduction till $406,633. During the following two months (November, December) the average price had a considerable reduction of 50 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $346,936.5 to $327,022 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $268,556 they are 30 % more affordable than the average price for Trafalgar. The properties with the lowest average price have 4 bedrooms, Their price is 7 % cheaper than the average. After that we have properties with 2 bedrooms priced at $204,063.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $96 / sq.feet, with an average $146 / sq.feet price in Trafalgar. The properties with the lowest average prices have 2 bedrooms. They are 18 % cheaper than the average followed by properties with 1 bedroom with a price at $109 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $268,556 it is 26 % cheaper than the average price in Trafalgar. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "House". At a price of $198,923 it is 11 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $91 / sq.feet followed by "House" priced at $102 / sq.feet. "House" is the cheapest type of property with a $102 / sq.feet value followed by "Duplex" with an average price of $91 / sq.feet.