The prices in real estate in Carefree, 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 Carefree has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $718. In May this price pretty much remained the same at a value of $747 per sq.feet. The price for the following two months in (June, July) had a considerable decrease of 64 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 50 % 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 $602.25 to $303.5 during August, and September.
Based upon to the price in Carefree (cities), this has gone up in the last 6 months. The price in April is $1,018,055, rising in May till $1,093,133. During the following two months (June, July) the average price had a considerable increase of 116 % 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 $1,139,727 to $935,141, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $860,639 they are 80 % more affordable than the average price for Carefree. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at $741,531.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $194 / sq.feet, with an average $280 / sq.feet price in Carefree. The properties with the highest average prices have 2 bedrooms. They are 2 % more expensive than the average followed by properties with 3 bedrooms with a price at $282 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $860,639 it is 39 % cheaper than the average price in Carefree. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $825,982 it is 19 % 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 $252 / sq.feet followed by "Apartment" priced at $280 / sq.feet. "House" is the most costly type of property with a $303 / sq.feet cost followed by "Apartment" with an average price of $280 / sq.feet.