The prices in real estate in Vevay, 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 Vevay has increased strongly during the last 6 months. In October, the average price per sq.feet was $199. In the following month the price per sq.feet increased considerably to $1,202. The price for the following two months in (December, January) had a considerable decrease of 58 with regard to the prior two months. The price per sq.feet has had a considerable increase of 461 % 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 $553.75 to $2,551.5 during February, and March.
Based upon to the price in Vevay (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $329,106. In November This price remains at $329,914. During the following two months (December, January) the price has had an average incrementation from $329,510 to $350,468.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $339,989.25 to $300,640.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $293,625 they are 75 % more affordable than the average price for Vevay. The properties with the lowest average price have 3 bedrooms, Their price is 29 % cheaper than the average. After that we have properties with 4 bedrooms priced at $198,746.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $37 / sq.feet, with an average $3,508 / sq.feet price in Vevay. The properties with the lowest average prices have 3 bedrooms. They are 98 % cheaper than the average followed by properties with 2 bedrooms with a price at $47 / sq.feet.
With regard to the average price based upon the property in Vevay we can see that the cheapest property type is "Farm" at a price of $198,746, they are 32 % more affordable than the average price of (!PRECIO2!). "Farm" has the lowest price. This price is 32 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Farm with an average price of $59 / sq.feet. "Farm" with an average cost of $59 / sq.feet has the lowest price and would be directed at less affluent cities.