The prices in real estate in Chandler, 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 Chandler has increased strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $168. The price for the following two months in (December, January) had a considerable increment of 395 %. The price per sq.feet has decreased 86 % 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 $208 to $178 during February, and March.
Based upon to the price in Chandler (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $407,114. During the following two months (December, January) the average price had a considerable increase of 174 % 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 142 % 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 $400,601 they are 35 % more affordable than the average price for Chandler. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 1 bedroom priced at $397,309.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $175 / sq.feet, with an average $182 / sq.feet price in Chandler. The properties with the highest average prices have 1 bedroom. They are 43 % more expensive than the average followed by properties with 2 bedrooms with a price at $192 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $400,601 it is 70 % cheaper than the average price in Chandler. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $379,381 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $171 / sq.feet followed by "Townhouse" priced at $174 / sq.feet. "Condo" is the most costly type of property with a $1,231 / sq.feet cost followed by "Apartment" with an average price of $477 / sq.feet.