Property prices for sale in El Mirage (Arizona)
The prices in real estate in El Mirage, 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 El Mirage has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $604. In the following month the price per sq.feet decreased considerably to $444. The price for the following two months in (December, January) had a considerable decrease of 61 with regard to the prior two months. The price per sq.feet has had a considerable increase of 127 % 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 $421 to $533.5 during February, and March.
Based upon to the price in El Mirage (cities), these have remained the same in the last 6 months. The price in October is $313,390, rising in November till $332,538. In the following two months the average price has remained the same with regard to the previous two months from $322,964 to $338,430. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $330,697 to $306,111.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $340,566 they are 86 % more affordable than the average price for El Mirage. The properties with the highest average price have 4 bedrooms, Their price is 0 % more costly than the average. After that we have properties with 3 bedrooms priced at $298,628.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $64 / sq.feet, with an average $423 / sq.feet price in El Mirage. The properties with the lowest average prices have 3 bedrooms. They are 52 % cheaper than the average followed by properties with 4 bedrooms with a price at $182 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $340,566 it is 62 % cheaper than the average price in El Mirage. "Detached House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $190,161 it is 8 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $20 / sq.feet followed by "House" priced at $198 / sq.feet. "Apartment" is the most costly type of property with a $949 / sq.feet cost followed by "Detached House" with an average price of $944 / sq.feet.
