The prices in real estate in Blanding, 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 Blanding has increased strongly during the last 6 months. In November, the average price per sq.feet was $155. In the following month the price per sq.feet increased considerably to $193. The price for the following two months in (January, February) had a considerable increment of 126 %. The price per sq.feet has had a considerable increase of 1970 % 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 $196.5 to $3,871.5 during March, and April.
Based upon to the price in Blanding (cities), these have remained the same in the last 6 months. The average price during our first sample month during November, is $355,414. During December the price went through a considerable rise reaching $471,644. During the following two months (January, February) the average price had a considerable reduction of 82 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $376,308.5 to $297,465, which means a 79 % fall.