The average price in the Indiana region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in Indiana has increased strongly in the last 6 months. During June, the average price per sq.feet was $154. The following month (July) the price had a considerable increase reaching $539 per sq.feet. The following two months (August, September) went through a considerable deflation of 43 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant decrease of 60 %. This has been obtained by comparing the price of $247.25 for the first four months of the sample with regard to the previous 4 months and the price of $147.5 per sq.feet for the last two months (October, November).
Based upon to the price in Indiana (region), this has decreased in the last 6 months. The average price in June is $338,331. In July the price increased to $367,044. In the following two months the average price has decreased 84 % compared to the previous two. During the last two months the average price has remained stagnant and has gone from $324,583.75 to $317,535 during October and November.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 50 % more affordable than the average price in Indiana followed by those with 2 with an average price of $198,993. The most costly properties have 4 bedrooms. They are 18 % more expensive than the average followed by those properties with 3 bedrooms priced at $295,961.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $137 / sq.feet being $148 / sq.feet the average value within the Indiana region. The properties with the most expensive average price are those with 4 bedrooms. These are 44 % more costly than the average followed by those with 1 bedroom with a price of $179 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $331,833 it is 57 % more affordable than the average in Indiana. This is followed by "Condo" with a price of $293,008. The dearest property type is "Detached House" and is 14 % more expensive than the average, followed by "Apartment" with a cost of $362,254.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $114 / sq.feet, followed by "Apartment" with a price of $141 / sq.feet. "Land" with an average price of $1,194 / sq.feet is the most costly type of property followed by "Condo" at a price of $178 / sq.feet.