The prices in real estate in Pella, in the Iowa 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 Pella has increased during the last 6 months. In February, the average price per sq.feet was $197. In the following month the price per sq.feet increased to $207. In the following two months the price per sq.feet has increased 106 %, going from $202 to $214 per sq.feet. The price per sq.feet has increased 108 % 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 $208 to $224 during June, and July.
Based upon to the price in Pella (cities), this has gone up in the last 6 months. In our first sample month during February, the average price is $365,060. In March This price remains at $353,280. During the following two months (April, May) the average price had a considerable increase of 132 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $417,340 to $372,863 in June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $415,166 they are 46 % more affordable than the average price for Pella. The properties with the lowest average price have 1 bedroom, Their price is 46 % cheaper than the average. After that we have properties with 4 bedrooms priced at $222,625.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $125 / sq.feet, with an average $230 / sq.feet price in Pella. The properties with the lowest average prices have 1 bedroom. They are 43 % cheaper than the average followed by properties with 4 bedrooms with a price at $125 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $415,166 it is 46 % 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 $222,625 it is 43 % 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 $125 / sq.feet followed by "Townhouse" priced at $1,179 / sq.feet. "Townhouse" is the most costly type of property with a $1,179 / sq.feet cost followed by "Land" with an average price of $125 / sq.feet.