Property prices for sale in Elgin (Arizona)

The prices in real estate in Elgin, 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.

$1,037,347.17
Average price last 6 months
$318.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Elgin has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $449. In the following month the price per sq.feet increased considerably to $587. The price for the following two months in (June, July) had a considerable decrease of 41 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 61 % 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 $365.5 to $223.5 during August, and September.

Average price

Based upon to the price in Elgin (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during April, is $1,392,355. During May the price went through a considerable rise reaching $2,357,125. During the following two months (June, July) the average price had a considerable reduction of 33 % 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 $1,247,036.5 to $617,968.5, which means a 50 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $650,875 they are 15 % more affordable than the average price for Elgin. The properties with the highest average price have 1 bedroom, Their price is 40 % more costly than the average. After that we have properties with 2 bedrooms priced at $556,014.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $128 / sq.feet, with an average $234 / sq.feet price in Elgin. The properties with the highest average prices have 1 bedroom. They are 101 % more expensive than the average followed by properties with 2 bedrooms with a price at $128 / sq.feet.

Price per property type

With regard to the average price based upon the property in Elgin we can see that the cheapest property type is "House" at a price of $556,014, they are 15 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 15 % more affordable than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "House with an average price of $128 / sq.feet. "House" with an average cost of $128 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Elgin
Number of properties used in region Arizona
$650,875
$234
96
489,908
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value