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 November, the average price per sq.feet was $93. In December the price pretty much stayed the same at $95 per sq.feet. The following two months (January, February) went through an increase of 111 % in the price per sq.feet rising from $94 to $104 per sq.feet. In the last two months, the price per sq.feet has had a significant increase of 133 %. This has been obtained by comparing the price of $99 for the first four months of the sample with regard to the previous 4 months and the price of $132 per sq.feet for the last two months (March, April).
Based upon to the price in Indiana(region), this has increased in the last 6 months. In the first month sample November the average price is $211,583. In December the price was the same at $210,216. In the following two months the average price didn't change much compared to the previous two going from $210,899.5 to $217,250. During the last two months the price has had a considerable increase of 120 % with respect to the previous four months going from $214,074.75 a $257,189.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 58 % more affordable than the average price in Indiana followed by those with 2 with an average price of $130,990. The most costly properties have 4 bedrooms. They are 7 % more expensive than the average followed by those properties with 3 bedrooms priced at $177,492.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $88 / sq.feet being $145 / sq.feet the average value within the Indiana region. The properties with the most expensive average price are those with 4 bedrooms. These are 37 % more costly than the average followed by those with 1 bedroom with a price of $129 / sq.feet.
The graph displaying the average price according to the property type shows "Apartment" as the cheapest one. With an average cost of $281,654 it is 27 % more affordable than the average in Indiana. This is followed by "Office" with a price of $206,540. The dearest property type is "Commercial" and is 62 % more expensive than the average, followed by "House" with a cost of $383,421.
Based on the average cost per sq.feet the cheapest property type is "Apartment with a an average cost of $86 / sq.feet, followed by "Office" with a price of $91 / sq.feet. "Commercial" with an average price of $2,835 / sq.feet is the most costly type of property followed by "House" at a price of $1,752 / sq.feet.