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 February, the average price per sq.feet was $1,757. In the following month the price per sq.feet decreased considerably to $1,045. The price for the following two months in (April, May) had a considerable increment of 309 %. The price per sq.feet has had a considerable increase of 187 % 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 $2,862.5 to $5,345 during June, and July.
Based upon to the price in Urbandale (cities), this has gone up in the last 6 months. The average price for February is $347,499. During March the price had a slight fall till $318,694. During the following two months (April, May) the price has had an average incrementation from $333,096.5 to $375,881.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 33 % cheaper than the average price of $270,582 in Urbandale. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 33 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 96 % cheaper than the average price of ($221 / 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 96 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $405,109 it is 33 % cheaper than the average price in Urbandale. "Condo" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "Townhouse". At a price of $358,043 it is 3 % 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 $100 / sq.feet followed by "Duplex" priced at $168 / sq.feet. "Apartment" is the cheapest type of property with a $221 / sq.feet value followed by "Condo" with an average price of $173 / sq.feet.