The prices in real estate in Huntsville, 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 Huntsville has increased strongly during the last 6 months. In September, the average price per sq.feet was $410. In the following month the price per sq.feet increased to $452. The price for the following two months in (November, December) had a considerable increment of 115 %. The price per sq.feet has had a considerable increase of 222 % 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 $464.25 to $1,031.5 during January, and February.
Based upon to the price in Huntsville (cities), this has gone downing the last 6 months. In our first sample month during September, the average price is $1,403,573. In October This price remains at $1,369,312. During the following two months (November, December) the average price had a considerable reduction of 72 % 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 136 % 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 $1,769,844 they are 87 % more affordable than the average price for Huntsville. The properties with the highest average price have 3 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,285,266.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $284 / sq.feet, with an average $448 / sq.feet price in Huntsville. The properties with the highest average prices have 3 bedrooms. They are 30 % more expensive than the average followed by properties with 2 bedrooms with a price at $368 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,769,844 it is 73 % cheaper than the average price in Huntsville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $477,739 it is 19 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $111 / sq.feet followed by "House" priced at $393 / sq.feet. "House" is the cheapest type of property with a $393 / sq.feet value followed by "Condo" with an average price of $111 / sq.feet.