The prices in real estate in Ogden, in the Iowa 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 Ogden has increased strongly during the last 6 months. In March, the average price per sq.feet was $92. In April this price pretty much remained the same at a value of $94 per sq.feet. The price for the following two months in (May, June) had a considerable increment of 463 %. The price per sq.feet has increased 110 % 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 $261.75 to $287 during July, and August.
Based upon to the price in Ogden (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $149,940. During April the price went through a considerable rise reaching $188,250. During the following two months (May, June) the average price had a considerable increase of 529 % 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 gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $261,314 they are 64 % more affordable than the average price for Ogden. The properties with the lowest average price have 1 bedroom, Their price is 64 % cheaper than the average. After that we have properties with 2 bedrooms priced at $94,634.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $43 / sq.feet, with an average $147 / sq.feet price in Ogden. The properties with the lowest average prices have 1 bedroom. They are 68 % cheaper than the average followed by properties with 2 bedrooms with a price at $43 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $261,314 it is 64 % cheaper than the average price in Ogden. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Duplex". At a price of $94,444 it is 64 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $41 / sq.feet followed by "Apartment" priced at $43 / sq.feet. "Apartment" is the cheapest type of property with a $43 / sq.feet value followed by "Duplex" with an average price of $41 / sq.feet.