The prices in real estate in Lake Havasu City, in the Arizona region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Lake Havasu City has increased during the last 6 months. In December, the average price per sq.feet was $219. In January this price pretty much remained the same at a value of $221 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $220 to $241 per sq.feet. The price per sq.feet has increased 111 % 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 $230.5 to $256 during April, and May.
Based upon to the price in Lake Havasu City (cities), these have remained the same in the last 6 months. The average price for December is $394,021. During January the price had a slight fall till $349,774. In the following two months the average price has remained the same with regard to the previous two months from $371,897.5 to $389,303.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % 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 $431,129 they are 62 % more affordable than the average price for Lake Havasu City. The properties with the highest average price have 4 bedrooms, Their price is 67 % more costly than the average. After that we have properties with 3 bedrooms priced at $468,033.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $232 / sq.feet, with an average $258 / sq.feet price in Lake Havasu City. The properties with the highest average prices have 3 bedrooms. They are 3 % more expensive than the average followed by properties with 4 bedrooms with a price at $265 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $431,129 it is 54 % cheaper than the average price in Lake Havasu City. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $229,056 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $148 / sq.feet followed by "Condo" priced at $226 / sq.feet. "House" is the most costly type of property with a $263 / sq.feet cost followed by "Condo" with an average price of $226 / sq.feet.