The prices in real estate in Overgaard, 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 Overgaard has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $518. In the following month the price per sq.feet decreased considerably to $357. The price for the following two months in (June, July) had a considerable decrease of 41 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 55 % 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 $307.75 to $170 during August, and September.
Based upon to the price in Overgaard (cities), this has gone up considerably in the last 6 months. The price in April is $125,064, rising in May till $132,394. During the following two months (June, July) the average price had a considerable increase of 165 % 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 165 % 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 $310,853 they are 45 % more affordable than the average price for Overgaard. The properties with the highest average price have 4 bedrooms, Their price is 69 % more costly than the average. After that we have properties with 3 bedrooms priced at $371,250.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $122 / sq.feet, with an average $172 / sq.feet price in Overgaard. The properties with the highest average prices have 1 bedroom. They are 26 % more expensive than the average followed by properties with 2 bedrooms with a price at $191 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $310,853 it is 16 % cheaper than the average price in Overgaard. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $261,740 it is 16 % 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 $77 / sq.feet followed by "House" priced at $194 / sq.feet. "House" is the most costly type of property with a $194 / sq.feet cost followed by "Land" with an average price of $77 / sq.feet.