The prices in real estate in Bellemont, in the Arizona region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Bellemont has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,498. In the following month the price per sq.feet decreased considerably to $302. The price for the following two months in (December, January) had a considerable decrease of 33 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 26 % 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 $596.5 to $154 during February, and March.
Based upon to the price in Bellemont (cities), this has gone downing the last 6 months. The average price during our first sample month during October, is $497,300. During November the price went through a considerable rise reaching $635,870. During the following two months (December, January) the average price fell 85 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $524,839.25 to $290,876.5, which means a 55 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $581,753 they are 47 % more affordable than the average price for Bellemont. The properties with the lowest average price have 1 bedroom, Their price is 46 % cheaper than the average. After that we have properties with 2 bedrooms priced at $308,972.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $139 / sq.feet, with an average $308 / sq.feet price in Bellemont. The properties with the lowest average prices have 2 bedrooms. They are 55 % cheaper than the average followed by properties with 1 bedroom with a price at $139 / sq.feet.
With regard to the average price based upon the property in Bellemont we can see that the cheapest property type is "House" at a price of $308,972, they are 47 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 47 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $140 / sq.feet. "House" with an average cost of $140 / sq.feet has the lowest price and would be directed at less affluent cities.