Property prices for sale in American Fork (Utah)
The prices in real estate in American Fork, 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 American Fork has increased strongly during the last 6 months. In October, the average price per sq.feet was $263. In the following month the price per sq.feet increased considerably to $1,291. The price for the following two months in (December, January) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 41 % 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 $631.5 to $260.5 during February, and March.
Based upon to the price in American Fork (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $577,805. In November This price remains at $575,471. In the following two months the average price has remained the same with regard to the previous two months from $576,638 to $576,891.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $576,764.75 and $587,278.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $599,208 they are 77 % more affordable than the average price for American Fork. The properties with the lowest average price have 4 bedrooms, Their price is 9 % cheaper than the average. After that we have properties with 3 bedrooms priced at $502,566.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $80 / sq.feet, with an average $261 / sq.feet price in American Fork. The properties with the highest average prices have 2 bedrooms. They are 85 % more expensive than the average followed by properties with 3 bedrooms with a price at $304 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $599,208 it is 58 % cheaper than the average price in American Fork. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $472,087 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $239 / sq.feet followed by "House" priced at $268 / sq.feet. "Apartment" is the most costly type of property with a $346 / sq.feet cost followed by "Townhouse" with an average price of $330 / sq.feet.
