The prices in real estate in Ogden, in the Iowa 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 Ogden has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $90. In November this price pretty much remained the same at a value of $90 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 34 with regard to the prior two months. The price per sq.feet has had a considerable increase of 139 % 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 $60.25 to $83.5 during February, and March.
Based upon to the price in Ogden (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $137,952. In November This price remains at $137,952. During the following two months (December, January) the average price had a considerable reduction of 35 % 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 risen strongly 148 % 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 $149,940 they are 37 % more affordable than the average price for Ogden. The properties with the lowest average price have 1 bedroom, Their price is 36 % cheaper than the average. After that we have properties with 2 bedrooms priced at $95,111.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $48 / sq.feet, with an average $92 / sq.feet price in Ogden. The properties with the lowest average prices have 1 bedroom. They are 43 % cheaper than the average followed by properties with 2 bedrooms with a price at $48 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $149,940 it is 37 % 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 $94,919 it is 37 % 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 $46 / sq.feet followed by "Apartment" priced at $48 / sq.feet. "Apartment" is the cheapest type of property with a $48 / sq.feet value followed by "Duplex" with an average price of $46 / sq.feet.