The prices in real estate in Urbandale, in the Iowa 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 Urbandale has increased strongly during the last 6 months. In October, the average price per sq.feet was $4,842. In the following month the price per sq.feet decreased to $4,448. In the following two months the price per sq.feet has increased 111 %, going from $4,645 to $5,159.5 per sq.feet. The price per sq.feet has had a considerable increase of 153 % 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 $4,902.25 to $7,497 during February, and March.
Based upon to the price in Urbandale (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $479,153. In November This price remains at $465,691. In the following two months the average price has remained the same with regard to the previous two months from $472,422 to $458,565. 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 $465,493.5 and $477,526 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 47 % cheaper than the average price of $268,152 in Urbandale. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 47 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 97 % cheaper than the average price of ($212 / sq.feet) in Urbandale. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 97 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $507,877 it is 69 % cheaper than the average price in Urbandale. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "Townhouse". At a price of $342,602 it is 26 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $56 / sq.feet followed by "Duplex" priced at $124 / sq.feet. "Condo" is the cheapest type of property with a $1,247 / sq.feet value followed by "Apartment" with an average price of $212 / sq.feet.