The prices in real estate in Cedar City, in the Utah region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Cedar City has remained the same in the last 6 months. In July, the average price per sq.feet was $897. In the following month the price per sq.feet increased considerably to $1,453. The price for the following two months in (September, October) had a considerable increment of 118 %. The price per sq.feet has had a considerable deflation of 10 % 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 $1,278.25 to $130.5 during November, and December.
Based upon to the price in Cedar City (cities), this has gone up considerably in the last 6 months. The price in July is $213,709, rising in August till $229,599. During the following two months (September, October) the average price had a considerable increase of 136 % 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 181 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $578,729 they are 69 % more affordable than the average price for Cedar City. The properties with the lowest average price have 4 bedrooms, Their price is 32 % cheaper than the average. After that we have properties with 3 bedrooms priced at $230,808.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $125 / sq.feet, with an average $150 / sq.feet price in Cedar City. The properties with the highest average prices have 4 bedrooms. They are 3798 % more expensive than the average followed by properties with 1 bedroom with a price at $146 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $578,729 it is 72 % cheaper than the average price in Cedar City. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $179,047 it is 37 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Townhouse" at an average cost of $159 / sq.feet followed by "Duplex" priced at $413 / sq.feet. "House" is the most costly type of property with a $3,753 / sq.feet cost followed by "Land" with an average price of $502 / sq.feet.