Property prices for sale in Salem (Utah)
The prices in real estate in Salem, in the Utah region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Salem has remained the same in the last 6 months. In September, the average price per sq.feet was $217. In October this price pretty much remained the same at a value of $215 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $216 to $215 per sq.feet. The price per sq.feet has increased 106 % 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 $215.5 to $229 during January, and February.
Based upon to the price in Salem (cities), this has gone downing the last 6 months. In our first sample month during September, the average price is $763,118. In October This price remains at $743,003. During the following two months (November, December) the average price fell 88 % 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 91 %, going from $708,883.5 to $647,329 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $668,977 they are 46 % more affordable than the average price for Salem. The properties with the lowest average price have 4 bedrooms, Their price is 40 % cheaper than the average. After that we have properties with 1 bedroom priced at $359,405.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $63 / sq.feet, with an average $230 / sq.feet price in Salem. The properties with the lowest average prices have 1 bedroom. They are 67 % cheaper than the average followed by properties with 4 bedrooms with a price at $63 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $668,977 it is 47 % cheaper than the average price in Salem. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $357,251 it is 40 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $63 / sq.feet followed by "Townhouse" priced at $69 / sq.feet. "Townhouse" is the cheapest type of property with a $69 / sq.feet value followed by "House" with an average price of $63 / sq.feet.
