The prices in real estate in Arizona City, 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 Arizona City has increased strongly during the last 6 months. In November, the average price per sq.feet was $68. In the following month the price per sq.feet increased considerably to $105. The price for the following two months in (January, February) had a considerable increment of 124 %. The price per sq.feet has had a considerable increase of 116 % 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 $97 to $113 during March, and April.
Based upon to the price in Arizona City (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $114,839. During December the price went through a considerable rise reaching $145,456. During the following two months (January, February) the average price had a considerable increase of 118 % 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 119 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $170,689 they are 33 % more affordable than the average price for Arizona City. The properties with the highest average price have 1 bedroom, Their price is 6 % more costly than the average. After that we have properties with 4 bedrooms priced at $179,140.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $103 / sq.feet, with an average $113 / sq.feet price in Arizona City. The properties with the highest average prices have 1 bedroom. They are 686 % more expensive than the average followed by properties with 4 bedrooms with a price at $107 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $170,689 it is 31 % cheaper than the average price in Arizona City. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $117,993 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $65 / sq.feet followed by "House" priced at $105 / sq.feet. "House" is the cheapest type of property with a $105 / sq.feet value followed by "Townhouse" with an average price of $65 / sq.feet.