The prices in real estate in Hurricane, 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 Hurricane has increased strongly during the last 6 months. In December, the average price per sq.feet was $173. In January this price pretty much remained the same at a value of $176 per sq.feet. The price for the following two months in (February, March) had a considerable increment of 406 %. The price per sq.feet has had a considerable increase of 360 % 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 $441.75 to $1,592.5 during April, and May.
Based upon to the price in Hurricane (cities), these have remained the same in the last 6 months. The average price for December is $340,121. During January the price had a slight fall till $316,709. In the following two months the average price has remained the same with regard to the previous two months from $328,415 to $325,128.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % 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 $344,381 they are 58 % more affordable than the average price for Hurricane. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $322,142.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $138 / sq.feet, with an average $2,049 / sq.feet price in Hurricane. 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 $756 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $344,381 it is 81 % cheaper than the average price in Hurricane. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $402,959 it is 87 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $50 / sq.feet followed by "Townhouse" priced at $105 / sq.feet. "Commercial" is the most costly type of property with a $11,416 / sq.feet cost followed by "House" with an average price of $3,032 / sq.feet.