The prices in real estate in Springville, in the California 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 Springville has increased strongly during the last 6 months. In November, the average price per sq.feet was $202. In the following month the price per sq.feet increased considerably to $4,500. The price for the following two months in (January, February) had a considerable decrease of 8 with regard to the prior two months. The price per sq.feet has had a considerable increase of 491 % 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 $1,266.25 to $6,221 during March, and April.
Based upon to the price in Springville (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $409,780. In December This price remains at $427,656. In the following two months the average price has remained the same with regard to the previous two months from $418,718 to $416,946. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $417,832 and $434,973.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $483,608 they are 39 % more affordable than the average price for Springville. The properties with the highest average price have 4 bedrooms, Their price is 39 % more costly than the average. After that we have properties with 3 bedrooms priced at $456,061.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $220 / sq.feet, with an average $294 / sq.feet price in Springville. The properties with the highest average prices have 1 bedroom. They are 3 % more expensive than the average followed by properties with 4 bedrooms with a price at $278 / sq.feet.
With regard to the average price based upon the property in Springville we can see that the cheapest property type is "House" at a price of $468,732, they are 3 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 3 % 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 $245 / sq.feet. "House" with an average cost of $245 / sq.feet has the lowest price and would be directed at less affluent cities.