The prices in real estate in Hyrum, 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 Hyrum has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $131. In the following month the price per sq.feet decreased considerably to . In the following two months the price per sq.feet has increased 105 %, going from $65.5 to $69 per sq.feet. The price per sq.feet has had a considerable increase of 213 % 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 $67.25 to $143 during August, and September.
Based upon to the price in Hyrum (cities), this has fallen considerably in the last 6 months. The average price for April is $256,273. During May the price had a considerable reduction till . During the following two months (June, July) the price has had an average incrementation from $128,136.5 to $139,518.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 211 % 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 $283,872 they are 27 % more affordable than the average price for Hyrum. The properties with the highest average price have 4 bedrooms, Their price is 56 % more costly than the average. After that we have properties with 2 bedrooms priced at $307,370.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $124 / sq.feet, with an average $143 / sq.feet price in Hyrum. The properties with the highest average prices have 1 bedroom. They are 1 % more expensive than the average followed by properties with 3 bedrooms with a price at $139 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $283,872 it is 8 % cheaper than the average price in Hyrum. "Apartment" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $261,708 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $93 / sq.feet followed by "Apartment" priced at $169 / sq.feet. "Apartment" is the most costly type of property with a $169 / sq.feet cost followed by "House" with an average price of $93 / sq.feet.