The prices in real estate in Roy, in the Utah 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 Roy has increased strongly during the last 6 months. In October, the average price per sq.feet was $152. In the following month the price per sq.feet decreased to $140. The price for the following two months in (December, January) had a considerable increment of 2374 %. The price per sq.feet has had a considerable deflation of 66 % 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 $1,805.75 to $1,192 during February, and March.
Based upon to the price in Roy (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $304,835. During November the price went through a considerable rise reaching $873,362. During the following two months (December, January) the average price had a considerable increase of 646 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $2,198,098.25 to $1,338,497.5, which means a 61 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $346,567 they are 41 % more affordable than the average price for Roy. The properties with the lowest average price have 4 bedrooms, Their price is 0 % cheaper than the average. After that we have properties with 3 bedrooms priced at $322,745.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $133 / sq.feet, with an average $219 / sq.feet price in Roy. The properties with the lowest average prices have 1 bedroom. They are 26 % cheaper than the average followed by properties with 2 bedrooms with a price at $156 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $346,567 it is 82 % cheaper than the average price in Roy. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $260,708 it is 8 % 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 $59 / sq.feet followed by "Duplex" priced at $100 / sq.feet. "House" is the cheapest type of property with a $153 / sq.feet value followed by "Condo" with an average price of $142 / sq.feet.