The average price in the Kentucky region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per sq.feet in Kentucky has increased in the last 6 months. During April, the average price per sq.feet was $818. The following month (May) the price had a considerable increase reaching $1,937 per sq.feet. The following two months (June, July) went through a considerable deflation of 66 % 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 39 %. This has been obtained by comparing the price of $1,144.75 for the first four months of the sample with regard to the previous 4 months and the price of $448 per sq.feet for the last two months (August, September).
Based upon to the price in Kentucky(region), this has increased in the last 6 months. The average price in April is $223,559. In May the price increased to $249,374. The average price for the following two months (June, July) increased from $236,466.5 to $251,577.5. During the last two months the average price has remained stagnant and has gone from $244,022 to $241,440.5 during 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 57 % more affordable than the average price in Kentucky followed by those with 2 with an average price of $156,468. The most costly properties have 4 bedrooms. They are 45 % more expensive than the average followed by those properties with 3 bedrooms priced at $216,065.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $91 / sq.feet being $672 / sq.feet the average value within the Kentucky region. The properties with the most expensive average price are those with 4 bedrooms. These are 111 % more costly than the average followed by those with 3 bedrooms with a price of $591 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $233,336 it is 68 % more affordable than the average in Kentucky. This is followed by "Farm" with a price of $218,361. The dearest property type is "Commercial" and is 81 % more expensive than the average, followed by "Office" with a cost of $243,898.
Based on the average cost per sq.feet the cheapest property type is "Condo with a an average cost of $145 / sq.feet, followed by "Office" with a price of $167 / sq.feet. "Commercial" with an average price of $2,849 / sq.feet is the most costly type of property followed by "House" at a price of $681 / sq.feet.