The average price in the Iowa region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in Iowa has increased strongly in the last 6 months. During March, the average price per sq.feet was $154. The following month (April) the price had a considerable increase reaching $895 per sq.feet. In the following two months (May, June) the price per sq.feet has risen strongly to a 468 %. In the last two months, the price per sq.feet has had a significant decrease of 53 %. This has been obtained by comparing the price of $1,489 for the first four months of the sample with regard to the previous 4 months and the price of $789 per sq.feet for the last two months (July, August).
Based upon to the price in Iowa(region), this has increased considerably in the last 6 months. In the first month sample for March the average price is $229,185. During April it went through a strong inflation reaching $271,576 The price in the following months (May, June) had a strong increment of 127 % going from $250,380.5 to $317,202.5. During the last two months the price has reduced 87 % compared to the previous average values going from $283,791.5 a $246,526 in July and August.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 61 % more affordable than the average price in Iowa followed by those with 2 with an average price of $167,423. The most costly properties have 4 bedrooms. They are 56 % more expensive than the average followed by those properties with 3 bedrooms priced at $256,235.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $86 / sq.feet being $1,043 / sq.feet the average value within the Iowa region. The properties with the most expensive average price are those with 4 bedrooms. These are 290 % more costly than the average followed by those with 3 bedrooms with a price of $205 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $230,489 it is 54 % more affordable than the average in Iowa. This is followed by "Condo" with a price of $216,966. The dearest property type is "Farm" and is 123 % more expensive than the average, followed by "Apartment" with a cost of $233,219.
Based on the average cost per sq.feet the cheapest property type is "Apartment with a an average cost of $127 / sq.feet, followed by "Condo" with a price of $138 / sq.feet. "Land" with an average price of $1,391 / sq.feet is the most costly type of property followed by "House" at a price of $885 / sq.feet.