The prices in real estate in Cochise, 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 Cochise has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $148. In the following month the price per sq.feet decreased to $130. The price for the following two months in (December, January) decreased 88 % with regard to the prior two months. The price per sq.feet has decreased 93 % 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 $130.5 to $121.5 during February, and March.
Based upon to the price in Cochise (cities), this has fallen considerably in the last 6 months. The average price for October is $325,911. During November the price had a considerable reduction till $265,199. During the following two months (December, January) the average price had a considerable reduction of 80 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $266,109.75 to $236,300 in February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 5 % cheaper than the average price of $214,041 in Cochise. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 5 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3858 % more costly than the average price of ($4,670 / sq.feet) in Cochise. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 3858 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Cochise we can see that the cheapest property type is "House" at a price of $214,041, they are 5 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 5 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $4,670 / sq.feet. "House" at an average price of $4,670 / sq.feet has the most expensive price and would be directed at more affluent cities.