Property prices for sale in Murray (Utah)
The prices in real estate in Murray, in the Utah region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Murray has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $327. In November this price pretty much remained the same at a value of $314 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has decreased 86 % 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 $291.75 to $251 during February, and March.
Based upon to the price in Murray (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $473,775. In November This price remains at $473,813. In the following two months the average price has remained the same with regard to the previous two months from $473,794 to $485,336. 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 1 bedroom are the cheapest ones. At a price of $618,879 they are 59 % more affordable than the average price for Murray. The properties with the highest average price have 4 bedrooms, Their price is 1 % more costly than the average. After that we have properties with 3 bedrooms priced at $540,508.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $310 / sq.feet, with an average $280 / sq.feet price in Murray. The properties with the highest average prices have 1 bedroom. They are 101 % more expensive than the average followed by properties with 2 bedrooms with a price at $469 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $618,879 it is 85 % cheaper than the average price in Murray. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $355,476 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $51 / sq.feet followed by "Apartment" priced at $325 / sq.feet. "Townhouse" is the most costly type of property with a $1,169 / sq.feet cost followed by "House" with an average price of $466 / sq.feet.
