Property prices for sale in Fairfax (Iowa)

The prices in real estate in Fairfax, in the Iowa region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$381,418
Average price last 6 months
$157.25
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Fairfax has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $176. In the following month the price per sq.feet decreased to $166. The price for the following two months in (August, September) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable increase of 168 % 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 $85.5 to $143.5 during October, and November.

Average price

Based upon to the price in Fairfax (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during June, is $394,378. During July the price went through a considerable rise reaching $457,450. During the following two months (August, September) the average price had a considerable reduction of 0 % 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 158 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $359,856 they are 59 % more affordable than the average price for Fairfax. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $437,702.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $107 / sq.feet, with an average $151 / sq.feet price in Fairfax. The properties with the highest average prices have 2 bedrooms. They are 47 % more expensive than the average followed by properties with 3 bedrooms with a price at $171 / sq.feet.

Price per property type

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 $488,087, they are 36 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 36 % more expensive than the average price aforementioned.

According to the average area price by sq.feet the most costly property type is "House with an average price of $166 / sq.feet. "House" at an average price of $166 / sq.feet has the most expensive price and would be directed at more affluent cities.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Fairfax
Number of properties used in region Iowa
$359,856
$151
104
180,984
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value