The prices in real estate in Sioux City, in the Iowa 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 Sioux City has remained the same in the last 6 months. In March, the average price per sq.feet was $123. In April this price pretty much remained the same at a value of $119 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $121 to $123 per sq.feet. The price per sq.feet has decreased 92 % 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 $122 to $112.5 during July, and August.
Based upon to the price in Sioux City (cities), these have remained the same in the last 6 months. The price in March is $224,059, rising in April till $239,619. In the following two months the average price has remained the same with regard to the previous two months from $231,839 to $236,189.5. During the last two months the average price has had a strong fall compared to the previous four going from $234,014.25 to $197,860.5, which means a 85 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $198,945 they are 27 % more affordable than the average price for Sioux City. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 2 bedrooms priced at $184,440.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $93 / sq.feet, with an average $111 / sq.feet price in Sioux City. The properties with the highest average prices have 1 bedroom. They are 74 % more expensive than the average followed by properties with 2 bedrooms with a price at $143 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $198,945 it is 27 % cheaper than the average price in Sioux City. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $183,634 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $62 / sq.feet followed by "Land" priced at $85 / sq.feet. "Commercial" is the most costly type of property with a $671 / sq.feet cost followed by "House" with an average price of $128 / sq.feet.