The prices in real estate in Golden Valley, 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 Golden Valley has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $482. In the following month the price per sq.feet decreased to $413. The price for the following two months in (July, August) had a considerable decrease of 66 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 65 % 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 $371.25 to $240.5 during September, and October.
Based upon to the price in Golden Valley (cities), this has gone downing the last 6 months. The average price for May is $111,500. During June the price had a considerable reduction till $85,496. During the following two months (July, August) the average price had a considerable reduction of 83 % 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 150 % 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 $167,330 they are 10 % more affordable than the average price for Golden Valley. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at $162,160.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $285 / sq.feet, with an average $141 / sq.feet price in Golden Valley. The properties with the highest average prices have 4 bedrooms. They are 401 % more expensive than the average followed by properties with 3 bedrooms with a price at $653 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $167,330 it is 77 % cheaper than the average price in Golden Valley. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $38,159 it is 21 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $105 / sq.feet followed by "House" priced at $331 / sq.feet. "House" is the most costly type of property with a $331 / sq.feet cost followed by "Land" with an average price of $105 / sq.feet.