The prices in real estate in West Des Moines, 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 West Des Moines has increased strongly during the last 6 months. In October, the average price per sq.feet was $163. In November this price pretty much remained the same at a value of $169 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $166 to $180.5 per sq.feet. The price per sq.feet has had a considerable increase of 360 % 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 $173.25 to $624.5 during February, and March.
Based upon to the price in West Des Moines (cities), this has gone up in the last 6 months. The price in October is $270,717, rising in November till $296,327. During the following two months (December, January) the price has had an average incrementation from $283,522 to $315,607.5. 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 $299,564.75 and $308,374.5 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 15 % cheaper than the average price of $262,245 in West Des Moines. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 15 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 73 % cheaper than the average price of ($156 / sq.feet) in West Des Moines. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 73 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $308,986 it is 16 % cheaper than the average price in West Des Moines. "Apartment" is seen as the second most affordable property type. The dearest property type is "Office" followed by "Townhouse". At a price of $315,355 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $142 / sq.feet followed by "Apartment" priced at $156 / sq.feet. "Townhouse" is the cheapest type of property with a $183 / sq.feet value followed by "Office" with an average price of $171 / sq.feet.