The prices in real estate in Urbandale, in the Iowa region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Urbandale has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $6,013. In the following month the price per sq.feet decreased considerably to $4,556. The price for the following two months in (October, November) had a considerable decrease of 9 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 6 % 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 $2,883.5 to $187 during December, and January.
Based upon to the price in Urbandale (cities), this has gone downing the last 6 months. In our first sample month during August, the average price is $403,024. In September This price remains at $390,112. During the following two months (October, November) the average price fell 85 % 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 91 %, going from $367,251.5 to $335,964.5 in December and January.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 19 % cheaper than the average price of $270,311 in Urbandale. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 19 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 19 % more costly than the average price of ($220 / sq.feet) in Urbandale. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 19 % more costly 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 $335,654 it is 19 % cheaper than the average price in Urbandale. "Condo" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "Townhouse". At a price of $355,897 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $94 / sq.feet followed by "Duplex" priced at $162 / sq.feet. "Apartment" is the most costly type of property with a $220 / sq.feet cost followed by "Condo" with an average price of $172 / sq.feet.