The prices in real estate in Spirit Lake, in the Iowa 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 Spirit Lake has fallen in the last 6 months. In October, the average price per sq.feet was $262. In the following month the price per sq.feet decreased to $241. The price for the following two months in (December, January) decreased 90 % 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 $239 to $244 during February y March
Based upon to the price in Spirit Lake (cities), this has gone downing the last 6 months. The average price for October is $553,292. During November the price had a slight fall till $486,668. During the following two months (December, January) the average price fell 89 % 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 gone up 107 % 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 $526,252 they are 75 % more affordable than the average price for Spirit Lake. The properties with the highest average price have 2 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 4 bedrooms priced at $616,184.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $157 / sq.feet, with an average $247 / sq.feet price in Spirit Lake. The properties with the highest average prices have 2 bedrooms. They are 62 % more expensive than the average followed by properties with 3 bedrooms with a price at $236 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $526,252 it is 51 % cheaper than the average price in Spirit Lake. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $258,745 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $175 / sq.feet followed by "House" priced at $265 / sq.feet. "House" is the most costly type of property with a $265 / sq.feet cost followed by "Condo" with an average price of $175 / sq.feet.