The prices in real estate in Heber, 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 Heber has increased strongly during the last 6 months. In November, the average price per sq.feet was $325. In the following month the price per sq.feet increased considerably to $1,637. The price for the following two months in (January, February) had a considerable increment of 5095 %. The price per sq.feet has had a considerable deflation of 11 % 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 $25,480.5 to $2,850 during March, and April.
Based upon to the price in Heber (cities), this has gone downing the last 6 months. The average price for November is $614,992. During December the price had a considerable reduction till $439,597. During the following two months (January, February) the average price had a considerable increase of 129 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $604,755.25 to $424,033, which means a 70 % fall.