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 September, the average price per sq.feet was $984. In the following month the price per sq.feet decreased considerably to $461. The price for the following two months in (November, December) had a considerable decrease of 61 with regard to the prior two months. The price per sq.feet has had a considerable increase of 550 % 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 $580 to $3,191.5 during January, and February.
Based upon to the price in Kamas (cities), this has gone up considerably in the last 6 months. The price in September is $1,216,057, rising in October till $1,378,385. During the following two months (November, December) the average price had a considerable increase of 137 % 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 148 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $2,137,667 they are 66 % more affordable than the average price for Kamas. The properties with the highest average price have 1 bedroom, Their price is 27 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,265,060.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $373 / sq.feet, with an average $5,789 / sq.feet price in Kamas. The properties with the lowest average prices have 4 bedrooms. They are 70 % cheaper than the average followed by properties with 2 bedrooms with a price at $642 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $2,137,667 it is 81 % cheaper than the average price in Kamas. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $749,047 it is 30 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $336 / sq.feet followed by "House" priced at $575 / sq.feet. "Land" is the cheapest type of property with a $1,468 / sq.feet value followed by "House" with an average price of $575 / sq.feet.