The prices in real estate in Spanish Fork, in the Utah region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Spanish Fork has fallen in the last 6 months. In October, the average price per sq.feet was $156. In November this price pretty much remained the same at a value of $158 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 84 with regard to the prior two months. 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 $144.75 to $147.5 during February y March
Based upon to the price in Spanish Fork (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $371,910. In November This price remains at $385,356. During the following two months (December, January) the price has had an average incrementation from $378,633 to $413,287. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $395,960 to $363,172 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $363,421 they are 33 % more affordable than the average price for Spanish Fork. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 1 bedroom priced at $358,110.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $102 / sq.feet, with an average $157 / sq.feet price in Spanish Fork. The properties with the highest average prices have 2 bedrooms. They are 225 % more expensive than the average followed by properties with 3 bedrooms with a price at $148 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $363,421 it is 15 % cheaper than the average price in Spanish Fork. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Apartment". At a price of $358,285 it is 44 % 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 $95 / sq.feet followed by "Apartment" priced at $104 / sq.feet. "Condo" is the most costly type of property with a $3,880 / sq.feet cost followed by "House" with an average price of $114 / sq.feet.