Property prices for sale in Pella (Iowa)
The prices in real estate in Pella, 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 Pella has increased strongly during the last 6 months. In November, the average price per sq.feet was $248. In the following month the price per sq.feet decreased to $234. The price for the following two months in (January, February) had a considerable increment of 495 %. The price per sq.feet has had a considerable deflation of 38 % 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 $716.5 to $271.5 during March, and April.
Based upon to the price in Pella (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $406,811. In December This price remains at $397,962. In the following two months the average price has remained the same with regard to the previous two months from $402,386.5 to $416,981.5. 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 $409,684 and $418,250 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $438,229 they are 50 % more affordable than the average price for Pella. The properties with the lowest average price have 1 bedroom, Their price is 50 % cheaper than the average. After that we have properties with 3 bedrooms priced at $219,082.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $104 / sq.feet, with an average $271 / sq.feet price in Pella. The properties with the lowest average prices have 1 bedroom. They are 58 % cheaper than the average followed by properties with 3 bedrooms with a price at $109 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $438,229 it is 50 % cheaper than the average price in Pella. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Land". At a price of $217,986 it is 47 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $104 / sq.feet followed by "Townhouse" priced at $1,137 / sq.feet. "Townhouse" is the most costly type of property with a $1,137 / sq.feet cost followed by "Land" with an average price of $104 / sq.feet.
