The prices in real estate in Morgan, 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 Morgan has increased strongly during the last 6 months. In October, the average price per sq.feet was $235. In November this price pretty much remained the same at a value of $230 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 1825 %. The price per sq.feet has had a considerable increase of 544 % 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 $2,237.25 to $12,167.5 during February, and March.
Based upon to the price in Morgan (cities), this has gone up considerably in the last 6 months. The price in October is $833,173, rising in November till $888,612. During the following two months (December, January) the average price had a considerable increase of 166 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,143,979.5 and $1,094,548 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 60 % cheaper than the average price of $490,000 in Morgan. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 60 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 100 % cheaper than the average price of ($103 / sq.feet) in Morgan. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 100 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,215,457 it is 60 % cheaper than the average price in Morgan. "Farm" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $490,000 it is 63 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $103 / sq.feet followed by "Farm" priced at $677 / sq.feet. "Farm" is the cheapest type of property with a $677 / sq.feet value followed by "House" with an average price of $103 / sq.feet.