Property prices for sale in Valparaiso (Indiana)
The prices in real estate in Valparaiso, 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 Valparaiso has increased strongly during the last 6 months. In October, the average price per sq.feet was $256. In the following month the price per sq.feet increased to $271. The price for the following two months in (December, January) had a considerable increment of 135 %. The price per sq.feet has had a considerable increase of 584 % 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 $309.25 to $1,805 during February, and March.
Based upon to the price in Valparaiso (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $423,816. In November This price remains at $420,844. In the following two months the average price has remained the same with regard to the previous two months from $422,330 to $437,724.5. 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 $430,027.25 and $442,212 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 $460,522 they are 25 % more affordable than the average price for Valparaiso. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $389,699.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $188 / sq.feet, with an average $2,878 / sq.feet price in Valparaiso. The properties with the highest average prices have 4 bedrooms. They are 46 % more expensive than the average followed by properties with 3 bedrooms with a price at $435 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $460,522 it is 44 % cheaper than the average price in Valparaiso. "Land" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Townhouse". At a price of $510,306 it is 284 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $195 / sq.feet followed by "Townhouse" priced at $205 / sq.feet. "Land" is the most costly type of property with a $47,851 / sq.feet cost followed by "House" with an average price of $3,052 / sq.feet.
