Property prices for sale in Orem (Utah)
The prices in real estate in Orem, in the Utah region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Orem has increased during the last 6 months. In November, the average price per sq.feet was $230. In the following month the price per sq.feet increased to $255. In the following two months the price per sq.feet has barely changed, going from $242.5 to $251.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $247 to $246 during March y April
Based upon to the price in Orem (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $529,733. In December This price remains at $536,577. In the following two months the average price has remained the same with regard to the previous two months from $533,155 to $555,720. Based on an analysis of the first four prices and the last two months the average price has gone up 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $647,936 they are 68 % more affordable than the average price for Orem. The properties with the lowest average price have 4 bedrooms, Their price is 18 % cheaper than the average. After that we have properties with 3 bedrooms priced at $409,937.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $129 / sq.feet, with an average $243 / sq.feet price in Orem. The properties with the highest average prices have 1 bedroom. They are 1 % more expensive than the average followed by properties with 2 bedrooms with a price at $174 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $647,936 it is 67 % cheaper than the average price in Orem. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $298,808 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $47 / sq.feet followed by "Townhouse" priced at $94 / sq.feet. "House" is the cheapest type of property with a $193 / sq.feet value followed by "Apartment" with an average price of $148 / sq.feet.
