The prices in real estate in Salt Lake City, 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 Salt Lake City has remained the same in the last 6 months. In May, the average price per sq.feet was $236. In June this price pretty much remained the same at a value of $233 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $234.5 to $227.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $231 to $233 during September y October
Based upon to the price in Salt Lake City (cities), these have remained the same in the last 6 months. In our first sample month during May, the average price is $568,293. In June This price remains at $558,261. During the following two months (July, August) the average price fell 95 % with regard to the previous two months. 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 $548,776 and $544,345 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $532,388 they are 40 % more affordable than the average price for Salt Lake City. The properties with the lowest average price have 4 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 3 bedrooms priced at $424,207.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $212 / sq.feet, with an average $233 / sq.feet price in Salt Lake City. The properties with the highest average prices have 1 bedroom. They are 59 % more expensive than the average followed by properties with 2 bedrooms with a price at $276 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $532,388 it is 23 % cheaper than the average price in Salt Lake City. "Office" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Office". At a price of $478,462 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $170 / sq.feet followed by "Office" priced at $229 / sq.feet. "Condo" is the cheapest type of property with a $233 / sq.feet value followed by "Office" with an average price of $229 / sq.feet.