The prices in real estate in Fort Mohave, 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 Fort Mohave has increased strongly during the last 6 months. In October, the average price per sq.feet was $465. In the following month the price per sq.feet increased considerably to $1,002. 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 262 % 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 $592.25 to $1,550.5 during February, and March.
Based upon to the price in Fort Mohave (cities), this has gone up considerably in the last 6 months. The price in October is $285,102, rising in November till $299,557. During the following two months (December, January) the price has had an average incrementation from $292,329.5 to $334,913. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % 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 $421,089 they are 39 % more affordable than the average price for Fort Mohave. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 1 bedroom priced at $413,258.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $190 / sq.feet, with an average $2,173 / sq.feet price in Fort Mohave. The properties with the lowest average prices have 1 bedroom. They are 83 % cheaper than the average followed by properties with 4 bedrooms with a price at $223 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $421,089 it is 82 % cheaper than the average price in Fort Mohave. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $121,392 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $13 / sq.feet followed by "Condo" priced at $27 / sq.feet. "House" is the cheapest type of property with a $209 / sq.feet value followed by "Condo" with an average price of $27 / sq.feet.