The prices in real estate in Springdale, 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.
The price per sq.feet in Springdale has increased strongly during the last 6 months. In January, the average price per sq.feet was $288. In the following month the price per sq.feet increased to $307. In the following two months the price per sq.feet has increased 107 %, going from $297.5 to $318 per sq.feet. The price per sq.feet has had a considerable increase of 126 % 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 $307.75 to $388 during May, and June.
Based upon to the price in Springdale (cities), this has gone up considerably in the last 6 months. The price in January is $741,500, rising in February till $799,778. During the following two months (March, April) the average price had a considerable increase of 117 % 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 132 % 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 $1,200,778 they are 74 % more affordable than the average price for Springdale. The properties with the highest average price have 3 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 4 bedrooms priced at $930,456.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $268 / sq.feet, with an average $421 / sq.feet price in Springdale. The properties with the highest average prices have 3 bedrooms. They are 6 % more expensive than the average followed by properties with 1 bedroom with a price at $371 / sq.feet.
With regard to the average price based upon the property in Springdale we can see that most expensive property type is "House" at a price of $1,294,400, they are 8 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 8 % more expensive 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 $416 / sq.feet. "House" with an average cost of $416 / sq.feet has the lowest price and would be directed at less affluent cities.