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 June, the average price per sq.feet was $118. In the following month the price per sq.feet increased considerably to $210. The price for the following two months in (August, September) had a considerable decrease of 75 with regard to the prior two months. The price per sq.feet has decreased 88 % 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 $143.75 to $127 during October, and November.
Based upon to the price in Tooele (cities), this has fallen considerably in the last 6 months. In our first sample month during June, the average price is $292,138. In July This price remains at $282,079. During the following two months (August, September) the average price had a considerable reduction of 77 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $253,954.75 to $228,682.5 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $235,175 they are 37 % more affordable than the average price for Tooele. The properties with the highest average price have 1 bedroom, Their price is 44 % more costly than the average. After that we have properties with 4 bedrooms priced at $315,620.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $108 / sq.feet, with an average $131 / sq.feet price in Tooele. The properties with the lowest average prices have 2 bedrooms. They are 11 % cheaper than the average followed by properties with 1 bedroom with a price at $110 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $235,175 it is 51 % cheaper than the average price in Tooele. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $282,422 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $105 / sq.feet followed by "Townhouse" priced at $106 / sq.feet. "Condo" is the most costly type of property with a $965 / sq.feet cost followed by "Farm" with an average price of $121 / sq.feet.