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 April, the average price per sq.feet was $200. In the following month the price per sq.feet decreased considerably to $153. The price for the following two months in (June, July) had a considerable increment of 269 %. The price per sq.feet has had a considerable deflation of 52 % 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 $325.75 to $169.5 during August, and September.
Based upon to the price in Lindon (cities), this has fallen considerably in the last 6 months. In our first sample month during April, the average price is $528,234. In May This price remains at $519,605. During the following two months (June, July) the average price had a considerable reduction of 79 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $468,698.25 to $437,503.5 in August and September.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 4 % cheaper than the average price of $478,901 in Lindon. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 4 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 73 % more costly than the average price of ($273 / 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 73 % 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 $500,580 it is 35 % 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 $325,243 it is 4 % 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 $94 / sq.feet followed by "Land" priced at $273 / sq.feet. "Land" is the most costly type of property with a $273 / sq.feet cost followed by "Condo" with an average price of $94 / sq.feet.