Property prices for sale in Oracle (Arizona)
The prices in real estate in Oracle, 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 Oracle has increased strongly during the last 6 months. In October, the average price per sq.feet was $297. In November this price pretty much remained the same at a value of $303 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 319 %. The price per sq.feet has had a considerable increase of 1051 % 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 $628.5 to $6,608 during February, and March.
Based upon to the price in Oracle (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $714,956. In November This price remains at $725,475. During the following two months (December, January) the average price had a considerable reduction of 76 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $633,939.5 to $580,807 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $401,797 they are 54 % more affordable than the average price for Oracle. The properties with the highest average price have 3 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 2 bedrooms priced at $424,124.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $138 / sq.feet, with an average $12,944 / sq.feet price in Oracle. The properties with the lowest average prices have 2 bedrooms. They are 98 % cheaper than the average followed by properties with 1 bedroom with a price at $193 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $401,797 it is 42 % cheaper than the average price in Oracle. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $351,269 it is 13 % 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 $52 / sq.feet followed by "Townhouse" priced at $184 / sq.feet. "House" is the cheapest type of property with a $208 / sq.feet value followed by "Townhouse" with an average price of $184 / sq.feet.
