The prices in real estate in Apache Junction, in the Arizona 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 Apache Junction has increased strongly during the last 6 months. In July, the average price per sq.feet was $89. In the following month the price per sq.feet decreased considerably to $70. The price for the following two months in (September, October) had a considerable increment of 209 %. The price per sq.feet has had a considerable increase of 150 % 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 $123 to $185 during November, and December.
Based upon to the price in Apache Junction (cities), this has gone up considerably in the last 6 months. The average price for July is $140,295. During August the price had a considerable reduction till $104,018. During the following two months (September, October) the average price had a considerable increase of 220 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 155 % 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 $281,333 they are 66 % more affordable than the average price for Apache Junction. The properties with the highest average price have 4 bedrooms, Their price is 68 % more costly than the average. After that we have properties with 3 bedrooms priced at $311,902.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $135 / sq.feet, with an average $185 / sq.feet price in Apache Junction. The properties with the highest average prices have 3 bedrooms. They are 5 % more expensive than the average followed by properties with 4 bedrooms with a price at $194 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $281,333 it is 65 % cheaper than the average price in Apache Junction. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $216,395 it is 59 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $132 / sq.feet followed by "Condo" priced at $137 / sq.feet. "Apartment" is the most costly type of property with a $237 / sq.feet cost followed by "House" with an average price of $203 / sq.feet.