The prices in real estate in Tooele, 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 Tooele has increased strongly during the last 6 months. In October, the average price per sq.feet was $180. In November this price pretty much remained the same at a value of $176 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 141 %. The price per sq.feet has had a considerable increase of 449 % 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 $214.75 to $964.5 during February, and March.
Based upon to the price in Tooele (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $437,237. In November This price remains at $428,831. In the following two months the average price has remained the same with regard to the previous two months from $433,034 to $444,942. 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 $438,988 and $449,630 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $446,054 they are 33 % more affordable than the average price for Tooele. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $437,936.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $176 / sq.feet, with an average $1,715 / sq.feet price in Tooele. The properties with the lowest average prices have 1 bedroom. They are 11 % cheaper than the average followed by properties with 2 bedrooms with a price at $665 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $446,054 it is 25 % cheaper than the average price in Tooele. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $466,083 it is 79 % 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 $289 / sq.feet followed by "Townhouse" priced at $383 / sq.feet. "Land" is the most costly type of property with a $106,635 / sq.feet cost followed by "House" with an average price of $1,604 / sq.feet.