The prices in real estate in American Fork, in the Utah region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in American Fork has increased during the last 6 months. In November, the average price per sq.feet was $209. In December this price pretty much remained the same at a value of $214 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $211.5 to $234 per sq.feet. The price per sq.feet has increased 111 % 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 $222.75 to $247.5 during March, and April.
Based upon to the price in American Fork (cities), this has gone up in the last 6 months. The price in November is $437,543, rising in December till $467,372. During the following two months (January, February) the price has had an average incrementation from $452,457.5 to $481,589. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $520,493 they are 54 % more affordable than the average price for American Fork. The properties with the lowest average price have 4 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 3 bedrooms priced at $471,375.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $148 / sq.feet, with an average $249 / sq.feet price in American Fork. The properties with the lowest average prices have 1 bedroom. They are 13 % cheaper than the average followed by properties with 2 bedrooms with a price at $190 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $520,493 it is 72 % cheaper than the average price in American Fork. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Townhouse". At a price of $490,157 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $110 / sq.feet followed by "Townhouse" priced at $152 / sq.feet. "House" is the most costly type of property with a $1,275 / sq.feet cost followed by "Duplex" with an average price of $350 / sq.feet.