The prices in real estate in Paradise Valley, 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 Paradise Valley has increased during the last 6 months. In October, the average price per sq.feet was $482. In November this price pretty much remained the same at a value of $497 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $489.5 to $525 per sq.feet. The price per sq.feet has increased 106 % 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 $507.25 to $540 during February, and March.
Based upon to the price in Paradise Valley (cities), this has gone up in the last 6 months. The average price for October is $2,802,447. During November the price had a slight fall till $2,651,059. During the following two months (December, January) the price has had an average incrementation from $2,726,753 to $3,089,334.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $2,908,043.75 and $2,991,801 between 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 $2,680,411 they are 86 % more affordable than the average price for Paradise Valley. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at $2,016,036.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $372 / sq.feet, with an average $517 / sq.feet price in Paradise Valley. The properties with the highest average prices have 3 bedrooms. They are 14 % more expensive than the average followed by properties with 4 bedrooms with a price at $557 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $2,680,411 it is 71 % cheaper than the average price in Paradise Valley. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $926,000 it is 31 % 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 $335 / sq.feet followed by "House" priced at $566 / sq.feet. "Apartment" is the most costly type of property with a $651 / sq.feet cost followed by "House" with an average price of $566 / sq.feet.