The prices in real estate in Riverside, 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 Riverside has increased strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $9,537. The price for the following two months in (December, January) had a considerable increment of 119 %. The price per sq.feet has had a considerable increase of 317 % 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 $5,216.75 to $16,519 during February, and March.
Based upon to the price in Riverside (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $207,688. During the following two months (December, January) the average price had a considerable increase of 126 % 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 217 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 18 % more costly than the average price of $289,057 in Riverside. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 18 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 99 % cheaper than the average price of ($128 / sq.feet) in Riverside. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 99 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial Property" as the most costly one. At an cost of $245,869 it is 12 % more expensive than the average price in Riverside. "Duplex" is seen as the second dearest property type. The dearest property type is "House" followed by "Duplex". At a price of $275,768 it is 18 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $47 / sq.feet followed by "Duplex" priced at $51 / sq.feet. "House" is the cheapest type of property with a $128 / sq.feet value followed by "Duplex" with an average price of $51 / sq.feet.