Property prices for sale in Cedar City (Utah)
The prices in real estate in Cedar City, 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 Cedar City has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,860. In the following month the price per sq.feet decreased to $2,442. The price for the following two months in (December, January) had a considerable increment of 160 %. The price per sq.feet has had a considerable increase of 128 % 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 $3,451.5 to $4,401.5 during February, and March.
Based upon to the price in Cedar City (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $353,649. During November the price went through a considerable rise reaching $434,497. In the following two months the average price has remained the same with regard to the previous two months from $394,073 to $392,064. 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 $393,068.5 and $388,086.5 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 $371,374 they are 39 % more affordable than the average price for Cedar City. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 2 bedrooms priced at $417,864.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $300 / sq.feet, with an average $4,673 / sq.feet price in Cedar City. The properties with the lowest average prices have 4 bedrooms. They are 18 % cheaper than the average followed by properties with 3 bedrooms with a price at $2,928 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $371,374 it is 34 % cheaper than the average price in Cedar City. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $314,250 it is 30 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $281 / sq.feet followed by "Condo" priced at $284 / sq.feet. "House" is the most costly type of property with a $8,325 / sq.feet cost followed by "Land" with an average price of $2,503 / sq.feet.
