The prices in real estate in Globe, 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 Globe has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $496. In August this price pretty much remained the same at a value of $507 per sq.feet. The price for the following two months in (September, October) had a considerable decrease of 22 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 36 % 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 $305 to $110 during November, and December.
Based upon to the price in Globe (cities), this has gone up considerably in the last 6 months. The average price for July is $39,727. During August the price had a slight fall till $33,966. During the following two months (September, October) the average price had a considerable increase of 483 % 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 171 % 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 22 % cheaper than the average price of $150,588 in Globe. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 22 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 15 % more costly than the average price of ($126 / sq.feet) in Globe. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 15 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Globe we can see that the cheapest property type is "House" at a price of $150,588, they are 22 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 22 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $126 / sq.feet. "House" at an average price of $126 / sq.feet has the most expensive price and would be directed at more affluent cities.