The prices in real estate in Kamas, 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 Kamas has increased strongly during the last 6 months. In December, the average price per sq.feet was $474. In the following month the price per sq.feet increased considerably to $594. The price for the following two months in (February, March) had a considerable increment of 11858 %. The price per sq.feet has had a considerable increase of 240 % 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 $31,927 to $76,782 during April, and May.
Based upon to the price in Kamas (cities), these have remained the same in the last 6 months. The average price during our first sample month during December, is $1,854,500. During January the price went through a considerable rise reaching $2,402,833. During the following two months (February, March) the average price fell 87 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,988,421.5 to $1,507,389.5, which means a 76 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $1,235,537 they are 42 % more affordable than the average price for Kamas. The properties with the highest average price have 1 bedroom, Their price is 119 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,261,267.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $370 / sq.feet, with an average $33,347 / sq.feet price in Kamas. The properties with the lowest average prices have 4 bedrooms. They are 95 % cheaper than the average followed by properties with 2 bedrooms with a price at $639 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $1,235,537 it is 67 % cheaper than the average price in Kamas. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $746,800 it is 21 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $333 / sq.feet followed by "House" priced at $572 / sq.feet. "Land" is the cheapest type of property with a $1,462 / sq.feet value followed by "House" with an average price of $572 / sq.feet.