The prices in real estate in Alpine, in the Utah region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Alpine has increased strongly during the last 6 months. In October, the average price per sq.feet was $213. In the following month the price per sq.feet increased to $243. The price for the following two months in (December, January) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable increase of 258438 % 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 $114 to $294,619 during February, and March.
Based upon to the price in Alpine (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $1,347,967. During November the price went through a considerable rise reaching $1,965,380. During the following two months (December, January) the average price had a considerable reduction of 0 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 322 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 65 % cheaper than the average price of $933,476 in Alpine. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 65 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 100 % cheaper than the average price of ($133 / sq.feet) in Alpine. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 100 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $2,678,500 it is 79 % cheaper than the average price in Alpine. "House" is seen as the second most affordable property type. The cheapest type property is "Commercial Property" followed by "Office". At a price of $1,099,274 it is 58 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $76 / sq.feet followed by "Office" priced at $112 / sq.feet. "Commercial Property" is the cheapest type of property with a $139 / sq.feet value followed by "House" with an average price of $133 / sq.feet.