Property prices for sale in Smithfield (Utah)
The prices in real estate in Smithfield, in the Utah region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Smithfield has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $157. In the following month the price per sq.feet decreased to $137. The price for the following two months in (November, December) had a considerable decrease of 70 with regard to the prior two months. The price per sq.feet has increased 110 % 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 $125.25 to $138 during January, and February.
Based upon to the price in Smithfield (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $324,492. During October the price went through a considerable rise reaching $484,116. During the following two months (November, December) the average price fell 87 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 130 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $503,354 they are 38 % more affordable than the average price for Smithfield. The properties with the lowest average price have 2 bedrooms, Their price is 36 % cheaper than the average. After that we have properties with 1 bedroom priced at $313,405.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $85 / sq.feet, with an average $139 / sq.feet price in Smithfield. The properties with the highest average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $85 / sq.feet.
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 $322,534, they are 36 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 36 % 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 $85 / sq.feet. "House" with an average cost of $85 / sq.feet has the lowest price and would be directed at less affluent cities.
