The prices in real estate in Gilbert, 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 Gilbert has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $165. In August this price pretty much remained the same at a value of $168 per sq.feet. The price for the following two months in (September, October) had a considerable decrease of 49 with regard to the prior two months. The price per sq.feet has had a considerable increase of 132 % 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 $124 to $164 during November, and December.
Based upon to the price in Gilbert (cities), this has fallen considerably in the last 6 months. In our first sample month during July, the average price is $426,123. In August This price remains at $417,318. During the following two months (September, October) the average price had a considerable reduction of 47 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 135 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of $402,423 in Gilbert. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % cheaper than the average price of ($170 / sq.feet) in Gilbert. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $402,423 it is 0 % cheaper than the average price in Gilbert. "Office" is seen as the second most affordable property type. The dearest property type is "Office" followed by "House". At a price of $402,423 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $161 / sq.feet followed by "House" priced at $170 / sq.feet. "House" is the cheapest type of property with a $170 / sq.feet value followed by "Office" with an average price of $161 / sq.feet.