The prices in real estate in Lone Tree, in the Iowa region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Lone Tree has increased during the last 6 months. In January, the average price per sq.feet was $253. In February this price pretty much remained the same at a value of $249 per sq.feet. In the following two months the price per sq.feet has increased 114 %, going from $251 to $286.5 per sq.feet. The price per sq.feet has had a considerable increase of 116 % 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 $268.75 to $312 during May, and June.
Based upon to the price in Lone Tree (cities), this has gone up considerably in the last 6 months. In our first sample month during January, the average price is $897,029. In February This price remains at $862,941. During the following two months (March, April) the average price had a considerable increase of 129 % 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 121 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,314,832 they are 77 % more affordable than the average price for Lone Tree. The properties with the lowest average price have 4 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 3 bedrooms priced at $743,891.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $243 / sq.feet, with an average $303 / sq.feet price in Lone Tree. The properties with the highest average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at $330 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,314,832 it is 53 % cheaper than the average price in Lone Tree. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $762,241 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $156 / sq.feet followed by "House" priced at $305 / sq.feet. "Condo" is the most costly type of property with a $5,338 / sq.feet cost followed by "House" with an average price of $305 / sq.feet.