The prices in real estate in Kamas, in the Utah region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Kamas has fallen in the last 6 months. In October, the average price per sq.feet was $8,549. In the following month the price per sq.feet decreased to $7,984. In the following two months the price per sq.feet has barely changed, going from $8,266.5 to $7,893 per sq.feet. The price per sq.feet has decreased 87 % 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 $8,079.75 to $7,028 during February, and March.
Based upon to the price in Kamas (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $1,628,328. In November This price remains at $1,653,785. During the following two months (December, January) the price has had an average incrementation from $1,641,056.5 to $1,731,235. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % 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 $2,046,966 they are 55 % more affordable than the average price for Kamas. The properties with the highest average price have 4 bedrooms, Their price is 40 % more costly than the average. After that we have properties with 1 bedroom priced at $1,108,678.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $747 / sq.feet, with an average $7,247 / sq.feet price in Kamas. The properties with the lowest average prices have 1 bedroom. They are 82 % cheaper than the average followed by properties with 4 bedrooms with a price at $817 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $2,046,966 it is 60 % cheaper than the average price in Kamas. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $2,459,421 it is 33 % 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 $643 / sq.feet followed by "Townhouse" priced at $883 / sq.feet. "Land" is the most costly type of property with a $295,011 / sq.feet cost followed by "House" with an average price of $2,817 / sq.feet.