The prices in real estate in Iowa Falls, in the Iowa 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 Iowa Falls has increased strongly during the last 6 months. In February, the average price per sq.feet was $88. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (April, May) had a considerable increment of 308 %. The price per sq.feet has had a considerable increase of 153 % 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 $89.75 to $137 during June, and July.
Based upon to the price in Iowa Falls (cities), this has gone up in the last 6 months. The average price for February is $129,060. During March the price had a considerable reduction till . During the following two months (April, May) the average price had a considerable increase of 281 % 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 143 % 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 $177,583 they are 8 % more affordable than the average price for Iowa Falls. The properties with the highest average price have 3 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 1 bedroom priced at $175,333.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $93 / sq.feet, with an average $137 / sq.feet price in Iowa Falls. The properties with the highest average prices have 1 bedroom. They are 25 % more expensive than the average followed by properties with 3 bedrooms with a price at $145 / sq.feet.
With regard to the average price based upon the property in Iowa Falls we can see that the cheapest property type is "House" at a price of $177,583, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % 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 $137 / sq.feet. "House" with an average cost of $137 / sq.feet has the lowest price and would be directed at less affluent cities.