Property prices for sale in Vernal (Utah)
The prices in real estate in Vernal, 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 Vernal has increased strongly during the last 6 months. In October, the average price per sq.feet was $181. In the following month the price per sq.feet increased to $197. The price for the following two months in (December, January) had a considerable increment of 188 %. The price per sq.feet has had a considerable increase of 677 % 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 $272.5 to $1,843.5 during February, and March.
Based upon to the price in Vernal (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $402,025. In November This price remains at $397,258. In the following two months the average price has remained the same with regard to the previous two months from $399,641.5 to $389,941.5. 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 $469,293 they are 71 % more affordable than the average price for Vernal. The properties with the lowest average price have 4 bedrooms, Their price is 28 % cheaper than the average. After that we have properties with 3 bedrooms priced at $223,297.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $57 / sq.feet, with an average $3,407 / sq.feet price in Vernal. The properties with the lowest average prices have 3 bedrooms. They are 96 % cheaper than the average followed by properties with 1 bedroom with a price at $89 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $469,293 it is 91 % cheaper than the average price in Vernal. "Condo" is seen as the second most affordable property type. The cheapest type property is "Farm" followed by "House". At a price of $212,908 it is 34 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $20 / sq.feet followed by "Condo" priced at $51 / sq.feet. "Land" is the cheapest type of property with a $698 / sq.feet value followed by "Farm" with an average price of $645 / sq.feet.
