The prices in real estate in Springville, in the Utah region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Springville has remained the same in the last 6 months. In February, the average price per sq.feet was $174. In March this price pretty much remained the same at a value of $173 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $173.5 to $185 per sq.feet. 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 $179.25 to $177.5 during June y July
Based upon to the price in Springville (cities), this has gone up considerably in the last 6 months. The average price for February is $422,536. During March the price had a considerable reduction till $353,696. During the following two months (April, May) the average price had a considerable increase of 132 % 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 122 % 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 $442,281 they are 21 % more affordable than the average price for Springville. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 2 bedrooms priced at $394,799.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $130 / sq.feet, with an average $167 / sq.feet price in Springville. The properties with the lowest average prices have 1 bedroom. They are 6 % cheaper than the average followed by properties with 2 bedrooms with a price at $134 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $442,281 it is 67 % cheaper than the average price in Springville. "Office" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Apartment". At a price of $349,324 it is 20 % more affordable 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 "Condo" priced at $132 / sq.feet. "House" is the most costly type of property with a $1,212 / sq.feet cost followed by "Apartment" with an average price of $147 / sq.feet.