The prices in real estate in Fountain Hills, in the Arizona region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Fountain Hills has remained the same in the last 6 months. In December, the average price per sq.feet was $387. In the following month the price per sq.feet decreased to $339. In the following two months the price per sq.feet has barely changed, going from $363 to $364 per sq.feet. The price per sq.feet has increased 109 % 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 $363.5 to $394.5 during April, and May.
Based upon to the price in Fountain Hills (cities), this has gone downing the last 6 months. The average price for December is $1,115,699. During January the price had a considerable reduction till $838,891. In the following two months the average price has remained the same with regard to the previous two months from $977,295 to $996,904. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,148,597 they are 78 % more affordable than the average price for Fountain Hills. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 3 bedrooms priced at $825,668.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $304 / sq.feet, with an average $406 / sq.feet price in Fountain Hills. The properties with the highest average prices have 1 bedroom. They are 0 % more expensive than the average followed by properties with 4 bedrooms with a price at $385 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $1,148,597 it is 67 % cheaper than the average price in Fountain Hills. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $615,150 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $138 / sq.feet followed by "Condo" priced at $305 / sq.feet. "Detached House" is the most costly type of property with a $429 / sq.feet cost followed by "House" with an average price of $361 / sq.feet.