The prices in real estate in Kaysville, 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 Kaysville has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $141. In the following month the price per sq.feet increased to $151. In the following two months the price per sq.feet has increased 106 %, going from $146 to $155 per sq.feet. The price per sq.feet has had a considerable deflation of 44 % 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 $150.5 to $66.5 during January, and February.
Based upon to the price in Kaysville (cities), this has gone downing the last 6 months. The price in September is $581,063, rising in October till $646,363. During the following two months (November, December) the average price had a considerable increase of 115 % 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 $660,708.5 to $302,483.5, which means a 46 % fall.