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 March, the average price per sq.feet was $76. In the following month the price per sq.feet increased considerably to $92. The price for the following two months in (May, June) had a considerable increment of 492 %. The price per sq.feet has had a considerable deflation of 53 % 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 $248.5 to $132 during July, and August.
Based upon to the price in Tooele (cities), this has gone downing the last 6 months. The average price for March is $272,611. During April the price had a slight fall till $238,010. During the following two months (May, June) the average price fell 92 % 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 113 % 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 $280,238 they are 17 % more affordable than the average price for Tooele. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 2 bedrooms priced at $299,519.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $133 / sq.feet, with an average $141 / sq.feet price in Tooele. The properties with the highest average prices have 4 bedrooms. They are 673 % more expensive than the average followed by properties with 3 bedrooms with a price at $487 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $280,238 it is 52 % cheaper than the average price in Tooele. "Condo" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $276,993 it is 130 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $86 / sq.feet followed by "Townhouse" priced at $115 / sq.feet. "Land" is the most costly type of property with a $1,442 / sq.feet cost followed by "Farm" with an average price of $392 / sq.feet.