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 March, the average price per sq.feet was $166. In the following month the price per sq.feet increased considerably to $250. The price for the following two months in (May, June) had a considerable decrease of 80 with regard to the prior two months. The price per sq.feet has had a considerable increase of 153 % 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 $186.75 to $286 during July, and August.
Based upon to the price in Apache Junction (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $252,066. In April This price remains at $259,930. In the following two months the average price has remained the same with regard to the previous two months from $255,998 to $243,367. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $264,476 they are 57 % more affordable than the average price for Apache Junction. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $293,130.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $127 / sq.feet, with an average $153 / sq.feet price in Apache Junction. The properties with the highest average prices have 1 bedroom. They are 67 % more expensive than the average followed by properties with 3 bedrooms with a price at $168 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $264,476 it is 62 % 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 $219,895 it is 22 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $117 / sq.feet followed by "Duplex" priced at $148 / sq.feet. "Apartment" is the most costly type of property with a $253 / sq.feet cost followed by "House" with an average price of $162 / sq.feet.