The prices in real estate in Buckeye, 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 Buckeye has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $237. In the following month the price per sq.feet decreased considerably to $136. The price for the following two months in (September, October) had a considerable decrease of 80 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 82 % 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 $167.5 to $137.5 during November, and December.
Based upon to the price in Buckeye (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is $284,679. In August This price remains at $280,111. During the following two months (September, October) the price has had an average incrementation from $282,395 to $303,519.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $292,957.25 and $289,623 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $303,784 they are 5 % more affordable than the average price for Buckeye. The properties with the highest average price have 2 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 1 bedroom priced at $322,786.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $128 / sq.feet, with an average $139 / sq.feet price in Buckeye. The properties with the highest average prices have 1 bedroom. They are 40 % more expensive than the average followed by properties with 2 bedrooms with a price at $188 / sq.feet.
The graph displaying the average prices displays the property type "Mobile Home" as the most affordable one. At an cost of $303,784 it is 14 % cheaper than the average price in Buckeye. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $297,726 it is 1 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Mobile Home" at an average cost of $101 / sq.feet followed by "Townhouse" priced at $127 / sq.feet. "Farm" is the most costly type of property with a $203 / sq.feet cost followed by "House" with an average price of $141 / sq.feet.