The prices in real estate in Warsaw, 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 Warsaw has fallen in the last 6 months. In May, the average price per sq.feet was $129. In the following month the price per sq.feet decreased to $121. In the following two months the price per sq.feet has increased 108 %, going from $125 to $134.5 per sq.feet. The price per sq.feet has had a considerable deflation of 84 % 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 $129.75 to $108.5 during September, and October.
Based upon to the price in Warsaw (cities), this has gone downing the last 6 months. The average price for May is $239,104. During June the price had a slight fall till $226,038. During the following two months (July, August) the average price fell 86 % 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 95 %, going from $215,943.25 to $204,455 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $207,878 they are 31 % more affordable than the average price for Warsaw. The properties with the highest average price have 1 bedroom, Their price is 270 % more costly than the average. After that we have properties with 4 bedrooms priced at $268,638.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $100 / sq.feet, with an average $108 / sq.feet price in Warsaw. The properties with the highest average prices have 1 bedroom. They are 574 % more expensive than the average followed by properties with 2 bedrooms with a price at $118 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $207,878 it is 10 % cheaper than the average price in Warsaw. "House" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "House". At a price of $202,796 it is 1 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $97 / sq.feet followed by "House" priced at $105 / sq.feet. "Land" is the cheapest type of property with a $108 / sq.feet value followed by "House" with an average price of $105 / sq.feet.