The prices in real estate in Layton, 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 Layton has increased strongly during the last 6 months. In July, the average price per sq.feet was $146. In the following month the price per sq.feet increased to $158. In the following two months the price per sq.feet has barely changed, going from $152 to $154 per sq.feet. The price per sq.feet has had a considerable increase of 150 % 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 $153 to $229.5 during November, and December.
Based upon to the price in Layton (cities), this has gone up considerably in the last 6 months. The average price for July is $387,221. During August the price had a slight fall till $360,575. During the following two months (September, October) the average price had a considerable increase of 119 % 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 119 % 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 $610,122 they are 57 % more affordable than the average price for Layton. The properties with the lowest average price have 1 bedroom, Their price is 35 % cheaper than the average. After that we have properties with 3 bedrooms priced at $357,337.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $129 / sq.feet, with an average $301 / sq.feet price in Layton. The properties with the lowest average prices have 2 bedrooms. They are 32 % cheaper than the average followed by properties with 1 bedroom with a price at $150 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $610,122 it is 48 % cheaper than the average price in Layton. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $332,876 it is 37 % 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 $133 / sq.feet followed by "House" priced at $143 / sq.feet. "Duplex" is the cheapest type of property with a $299 / sq.feet value followed by "Apartment" with an average price of $155 / sq.feet.