Property prices for sale in Altoona (Iowa)
The prices in real estate in Altoona, in the Iowa region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Altoona has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $2,296. In the following month the price per sq.feet decreased considerably to $1,626. In the following two months the price per sq.feet has increased 108 %, going from $1,961 to $2,117 per sq.feet. The price per sq.feet has had a considerable deflation of 49 % 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 $2,039 to $1,006 during March, and April.
Based upon to the price in Altoona (cities), these have remained the same in the last 6 months. The average price for November is $300,063. During December the price had a slight fall till $265,275. During the following two months (January, February) the price has had an average incrementation from $282,669 to $306,897. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $378,750 they are 34 % more affordable than the average price for Altoona. The properties with the lowest average price have 4 bedrooms, Their price is 12 % cheaper than the average. After that we have properties with 1 bedroom priced at $248,765.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $127 / sq.feet, with an average $232 / sq.feet price in Altoona. The properties with the lowest average prices have 4 bedrooms. They are 22 % cheaper than the average followed by properties with 1 bedroom with a price at $127 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $378,750 it is 37 % cheaper than the average price in Altoona. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $262,717 it is 27 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $78 / sq.feet followed by "Townhouse" priced at $131 / sq.feet. "Apartment" is the cheapest type of property with a $183 / sq.feet value followed by "House" with an average price of $176 / sq.feet.
