The prices in real estate in Fairfield, in the Iowa region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Fairfield has increased during the last 6 months. In March, the average price per sq.feet was $94. In the following month the price per sq.feet increased to $101. In the following two months the price per sq.feet has increased 111 %, going from $97.5 to $108 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $102.75 to $98 during July y August
Based upon to the price in Fairfield (cities), these have remained the same in the last 6 months. The average price for March is $211,981. During April the price had a slight fall till $190,028. During the following two months (May, June) the price has had an average incrementation from $201,004.5 to $214,291. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $219,655 they are 67 % more affordable than the average price for Fairfield. The properties with the highest average price have 4 bedrooms, Their price is 46 % more costly than the average. After that we have properties with 3 bedrooms priced at $243,219.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $67 / sq.feet, with an average $96 / sq.feet price in Fairfield. The properties with the highest average prices have 3 bedrooms. They are 9 % more expensive than the average followed by properties with 2 bedrooms with a price at $87 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $219,655 it is 15 % cheaper than the average price in Fairfield. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "House". At a price of $186,476 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $87 / sq.feet followed by "House" priced at $95 / sq.feet. "House" is the cheapest type of property with a $95 / sq.feet value followed by "Commercial" with an average price of $87 / sq.feet.