The prices in real estate in Hyde Park, 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 Hyde Park has increased strongly during the last 6 months. In October, the average price per sq.feet was $225. In the following month the price per sq.feet increased considerably to $4,380. The price for the following two months in (December, January) had a considerable decrease of 9 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 10 % 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 $1,251.25 to $119.5 during February, and March.
Based upon to the price in Hyde Park (cities), this has fallen considerably in the last 6 months. The average price for October is $755,845. During November the price had a considerable reduction till $636,625. In the following two months the average price has remained the same with regard to the previous two months from $696,235 to $723,483.5. During the last two months the average price has had a strong fall compared to the previous four going from $709,859.25 to $350,237.5, which means a 49 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $700,475 they are 55 % more affordable than the average price for Hyde Park. The properties with the lowest average price have 1 bedroom, Their price is 52 % cheaper than the average. After that we have properties with 2 bedrooms priced at $315,542.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $69 / sq.feet, with an average $239 / sq.feet price in Hyde Park. The properties with the lowest average prices have 1 bedroom. They are 44 % cheaper than the average followed by properties with 2 bedrooms with a price at $69 / sq.feet.
With regard to the average price based upon the property in Hyde Park we can see that the cheapest property type is "House" at a price of $315,542, they are 55 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 55 % more affordable 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 $69 / sq.feet. "House" with an average cost of $69 / sq.feet has the lowest price and would be directed at less affluent cities.