The prices in real estate in Page, 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 Page has increased strongly during the last 6 months. In November, the average price per sq.feet was $185. In the following month the price per sq.feet increased considerably to $238. The price for the following two months in (January, February) decreased 93 % with regard to the prior two months. 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 $204 to $226 during March, and April.
Based upon to the price in Page (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $301,118. During December the price went through a considerable rise reaching $437,181. In the following two months the average price has remained the same with regard to the previous two months from $369,149.5 to $366,390.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % 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 $464,022 they are 69 % more affordable than the average price for Page. The properties with the lowest average price have 4 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 2 bedrooms priced at $338,224.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $176 / sq.feet, with an average $238 / sq.feet price in Page. The properties with the highest average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 4 bedrooms with a price at $241 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $464,022 it is 77 % cheaper than the average price in Page. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $169,273 it is 27 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $76 / sq.feet followed by "House" priced at $199 / sq.feet. "Condo" is the cheapest type of property with a $218 / sq.feet value followed by "House" with an average price of $199 / sq.feet.