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 October, the average price per sq.feet was $129. In November the price pretty much stayed the same at $132 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from $130.5 to $136.5 per sq.feet. In the last two months, the price per sq.feet has had a significant increase of 209 %. This has been obtained by comparing the price of $133.5 for the first four months of the sample with regard to the previous 4 months and the price of $278.5 per sq.feet for the last two months (February, March).
Based upon to the price in Iowa(region), these have remained the same in the last 6 months. October has an average price of $241,060. During November the price had a slight deflation till $210,150. The average price for the following two months (December, January) increased from $225,605 to $240,225.5. During the last two months the average price has remained stagnant and has gone from $232,915.25 to $242,212.5 during February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 51 % more affordable than the average price in Iowa followed by those with 2 with an average price of $151,577. The most costly properties have 4 bedrooms. They are 39 % more expensive than the average followed by those properties with 3 bedrooms priced at $212,910.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $119 / sq.feet being $154 / sq.feet the average value within the Iowa region. The properties with the cheapest average price are those with 4 bedrooms. These are 12 % lower than the average followed by those with 3 bedrooms with a price of $123 / sq.feet.
The graph displaying the average price according to the property type shows "Apartment" as the most costly one. With an average cost of $229,185 it is 2 % more expensive than the average in Iowa. This is followed by "Condo" with a price of $252,319. The dearest property type is "House" and is 50 % more expensive than the average, followed by "Condo" with a cost of $252,319.
Based on the average cost per sq.feet the cheapest property type is "Condo with a an average cost of $127 / sq.feet, followed by "Apartment" with a price of $132 / sq.feet. "House" with an average price of $2,593 / sq.feet is the most costly type of property followed by "Apartment" at a price of $132 / sq.feet.