Property prices for sale in Nephi (Utah)

The price per sq.feet in Nephi has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $165. In November this price pretty much remained the same at a value of $166 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $165.5 to $170.5 per sq.feet. The price per sq.feet has had a considerable deflation of 57 % 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 $168 to $96 during February, and March.

Based upon to the price in Nephi (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $477,525. In November This price remains at $478,808. During the following two months (December, January) the average price had a considerable increase of 116 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $517,199.5 to $244,410, which means a 47 % fall.