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 December, the average price per sq.feet was $216. In the following month the price per sq.feet decreased to $196. The price for the following two months in (February, March) had a considerable decrease of 78 with regard to the prior two months. The price per sq.feet has decreased 93 % 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 $183.25 to $170 during April, and May.
Based upon to the price in Ogden (cities), this has fallen considerably in the last 6 months. The average price for December is $266,150. During January the price had a slight fall till $246,700. During the following two months (February, March) the average price had a considerable reduction of 74 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $222,790.75 and $212,669.5 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $221,870 they are 58 % more affordable than the average price for Ogden. The properties with the lowest average price have 1 bedroom, Their price is 58 % cheaper than the average. After that we have properties with 2 bedrooms priced at $93,029.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $26 / sq.feet, with an average $178 / sq.feet price in Ogden. The properties with the lowest average prices have 1 bedroom. They are 83 % cheaper than the average followed by properties with 2 bedrooms with a price at $26 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $221,870 it is 58 % 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 $92,842 it is 58 % 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 $24 / sq.feet followed by "Apartment" priced at $26 / sq.feet. "Apartment" is the cheapest type of property with a $26 / sq.feet value followed by "Duplex" with an average price of $24 / sq.feet.