Property prices for sale in Smithfield (Utah)

The prices in real estate in Smithfield, 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.

$566,067.5
Average price last 6 months
$26,603.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Smithfield has increased strongly during the last 6 months. In March, the average price per sq.feet was $139. In the following month the price per sq.feet increased considerably to $115,182. The price for the following two months in (May, June) had a considerable decrease of 2 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 71 % 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 $29,452.25 to $20,906.5 during July, and August.

Average price

Based upon to the price in Smithfield (cities), this has gone up in the last 6 months. The average price during our first sample month during March, is $503,354. During April the price went through a considerable rise reaching $948,000. During the following two months (May, June) the average price had a considerable reduction of 69 % 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 $612,619.75 to $472,963, which means a 77 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $495,988 they are 37 % more affordable than the average price for Smithfield. The properties with the lowest average price have 2 bedrooms, Their price is 35 % cheaper than the average. After that we have properties with 1 bedroom priced at $311,526.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $79 / sq.feet, with an average $217 / sq.feet price in Smithfield. The properties with the lowest average prices have 1 bedroom. They are 35 % cheaper than the average followed by properties with 2 bedrooms with a price at $79 / sq.feet.

Price per property type

With regard to the average price based upon the property in Smithfield we can see that the cheapest property type is "House" at a price of $320,601, they are 35 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 35 % more affordable than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "House with an average price of $79 / sq.feet. "House" with an average cost of $79 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Smithfield
Number of properties used in region Utah
$495,988
$217
108
50,378
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value