Property prices for sale in Fairfax (Iowa)
The prices in real estate in Fairfax, in the Iowa 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 Fairfax has increased strongly during the last 6 months. In October, the average price per sq.feet was $136. In the following month the price per sq.feet increased to $151. The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 3772 % 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 $136.5 to $5,148.5 during February, and March.
Based upon to the price in Fairfax (cities), this has gone up in the last 6 months. The price in October is $313,988, rising in November till $359,856. During the following two months (December, January) the average price fell 93 % 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 124 % 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 $401,075 they are 64 % more affordable than the average price for Fairfax. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at $435,952.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $103 / sq.feet, with an average $10,145 / sq.feet price in Fairfax. The properties with the lowest average prices have 2 bedrooms. They are 98 % cheaper than the average followed by properties with 3 bedrooms with a price at $167 / sq.feet.
With regard to the average price based upon the property in Fairfax we can see that most expensive property type is "House" at a price of $486,135, they are 21 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 21 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $162 / sq.feet. "House" with an average cost of $162 / sq.feet has the lowest price and would be directed at less affluent cities.
