Property prices for sale in Murray (Utah)
The prices in real estate in Murray, 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 Murray has increased strongly during the last 6 months. In July, the average price per sq.feet was $187. In August this price pretty much remained the same at a value of $183 per sq.feet. The price for the following two months in (September, October) had a considerable increment of 167 %. The price per sq.feet has had a considerable deflation of 61 % 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 $247.25 to $151.5 during November, and December.
Based upon to the price in Murray (cities), these have remained the same in the last 6 months. The price in July is $387,669, rising in August till $426,570. In the following two months the average price has remained the same with regard to the previous two months from $407,119.5 to $417,295. During the last two months the average price has had a strong fall compared to the previous four going from $412,207.25 to $306,120, which means a 74 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $294,854 they are 22 % more affordable than the average price for Murray. The properties with the highest average price have 3 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 4 bedrooms priced at $377,621.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $159 / sq.feet, with an average $148 / sq.feet price in Murray. The properties with the highest average prices have 3 bedrooms. They are 91 % more expensive than the average followed by properties with 1 bedroom with a price at $244 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $294,854 it is 69 % cheaper than the average price in Murray. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $236,109 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $65 / sq.feet followed by "Duplex" priced at $156 / sq.feet. "Condo" is the most costly type of property with a $1,227 / sq.feet cost followed by "House" with an average price of $174 / sq.feet.
