The prices in real estate in Hyde Park, in the Utah 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.
The price per sq.feet in Hyde Park has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $182. In the following month the price per sq.feet increased to $196. The price for the following two months in (February, March) had a considerable decrease of 0 with regard to the prior two months. 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 $94.5 to $98 during April y May
Based upon to the price in Hyde Park (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is $329,343. In January This price remains at $335,263. During the following two months (February, March) 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 200 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $666,225 they are 51 % more affordable than the average price for Hyde Park. The properties with the lowest average price have 1 bedroom, Their price is 48 % cheaper than the average. After that we have properties with 2 bedrooms priced at $325,171.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $99 / sq.feet, with an average $196 / sq.feet price in Hyde Park. The properties with the lowest average prices have 1 bedroom. They are 16 % cheaper than the average followed by properties with 2 bedrooms with a price at $99 / 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 $325,171, they are 51 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 51 % 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 $99 / sq.feet. "House" with an average cost of $99 / sq.feet has the lowest price and would be directed at less affluent cities.