The prices in real estate in Lindon, 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 Lindon has increased strongly during the last 6 months. In July, the average price per sq.feet was $162. In the following month the price per sq.feet decreased to $148. The price for the following two months in (September, October) had a considerable increment of 122 %. The price per sq.feet has had a considerable increase of 120 % 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 $172 to $206 during November, and December.
Based upon to the price in Lindon (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is $568,141. In August This price remains at $571,129. In the following two months the average price has remained the same with regard to the previous two months from $569,635 to $576,800. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 28 % cheaper than the average price of $471,760 in Lindon. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 28 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 22 % more costly than the average price of ($258 / sq.feet) in Lindon. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 22 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $653,480 it is 51 % cheaper than the average price in Lindon. "Land" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "Condo". At a price of $320,391 it is 28 % 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 $79 / sq.feet followed by "Land" priced at $258 / sq.feet. "Land" is the most costly type of property with a $258 / sq.feet cost followed by "Condo" with an average price of $79 / sq.feet.