The prices in real estate in Bullhead City, 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 Bullhead City has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $396. In the following month the price per sq.feet decreased considerably to $300. The price for the following two months in (November, December) had a considerable increment of 117 %. The price per sq.feet has had a considerable deflation of 41 % 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 $377.25 to $156 during January, and February.
Based upon to the price in Bullhead City (cities), this has gone downing the last 6 months. The average price for September is $271,216. During October the price had a considerable reduction till $222,514. During the following two months (November, December) the price has had an average incrementation from $246,865 to $274,192. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $260,528.5 to $225,953 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $238,275 they are 38 % more affordable than the average price for Bullhead City. The properties with the highest average price have 4 bedrooms, Their price is 78 % more costly than the average. After that we have properties with 3 bedrooms priced at $326,593.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $89 / sq.feet, with an average $159 / sq.feet price in Bullhead City. The properties with the highest average prices have 4 bedrooms. They are 662 % more expensive than the average followed by properties with 3 bedrooms with a price at $211 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $238,275 it is 68 % cheaper than the average price in Bullhead City. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $271,862 it is 57 % 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 $9 / sq.feet followed by "Townhouse" priced at $31 / sq.feet. "Land" is the most costly type of property with a $1,769 / sq.feet cost followed by "Condo" with an average price of $237 / sq.feet.