The prices in real estate in La Verkin, 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 La Verkin has increased strongly during the last 6 months. In March, the average price per sq.feet was $794. In the following month the price per sq.feet increased considerably to $1,870. The price for the following two months in (May, June) had a considerable decrease of 22 with regard to the prior two months. The price per sq.feet has had a considerable increase of 1148 % 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 $815.75 to $9,367.5 during July, and August.
Based upon to the price in La Verkin (cities), this has gone up considerably in the last 6 months. In our first sample month during March, the average price is $513,500. In April This price remains at $519,883. During the following two months (May, June) the average price had a considerable increase of 120 % 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 116 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 67 % cheaper than the average price of $214,369 in La Verkin. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 67 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 87 % cheaper than the average price of ($38 / sq.feet) in La Verkin. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 87 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $649,853 it is 67 % cheaper than the average price in La Verkin. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $214,369 it is 59 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $38 / sq.feet followed by "House" priced at $41 / sq.feet. "House" is the cheapest type of property with a $41 / sq.feet value followed by "Commercial" with an average price of $38 / sq.feet.