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 April, the average price per sq.feet was $145. The following month (May) the price had a considerable increase reaching $1,176 per sq.feet. In the following two months (June, July) the price per sq.feet has risen strongly to a 198 %. In the last two months, the price per sq.feet has had a significant decrease of 69 %. This has been obtained by comparing the price of $985 for the first four months of the sample with regard to the previous 4 months and the price of $681.5 per sq.feet for the last two months (August, September).
Based upon to the price in Indiana(region), these have remained the same in the last 6 months. April has an average price of $281,654. During May the price had a slight deflation till $259,722. The average price for the following two months (June, July) increased from $270,688 to $310,916. During the last two months the price has reduced 88 % compared to the previous average values going from $290,802 a $254,580 in August and September.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 61 % more affordable than the average price in Indiana followed by those with 2 with an average price of $176,153. The most costly properties have 4 bedrooms. They are 48 % more expensive than the average followed by those properties with 3 bedrooms priced at $247,568.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $82 / sq.feet being $119 / sq.feet the average value within the Indiana region. The properties with the most expensive average price are those with 4 bedrooms. These are 192 % more costly than the average followed by those with 3 bedrooms with a price of $123 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $242,987 it is 67 % more affordable than the average in Indiana. This is followed by "Apartment" with a price of $204,479. The dearest property type is "Townhouse" and is 12 % more expensive than the average, followed by "House" with a cost of $251,927.
Based on the average cost per sq.feet the cheapest property type is "Apartment with a an average cost of $81 / sq.feet, followed by "House" with a price of $127 / sq.feet. "Land" with an average price of $555 / sq.feet is the most costly type of property followed by "Townhouse" at a price of $157 / sq.feet.