Property prices for sale in Paradise Valley (Arizona)
The prices in real estate in Paradise Valley, 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 Paradise Valley has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,311. In the following month the price per sq.feet increased to $1,385. The price for the following two months in (December, January) had a considerable increment of 180 %. The price per sq.feet has had a considerable deflation of 79 % 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 $1,888 to $1,487.5 during February, and March.
Based upon to the price in Paradise Valley (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $5,157,237. In November This price remains at $5,216,271. During the following two months (December, January) the price has had an average incrementation from $5,186,754 to $5,539,839.5. 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 $5,363,297 and $5,620,225.5 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 $5,675,038 they are 94 % more affordable than the average price for Paradise Valley. The properties with the lowest average price have 4 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 3 bedrooms priced at $2,998,669.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $450 / sq.feet, with an average $1,181 / sq.feet price in Paradise Valley. The properties with the lowest average prices have 4 bedrooms. They are 12 % cheaper than the average followed by properties with 3 bedrooms with a price at $783 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $5,675,038 it is 84 % cheaper than the average price in Paradise Valley. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $3,788,654 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $604 / sq.feet followed by "Condo" priced at $721 / sq.feet. "Land" is the most costly type of property with a $1,917,047 / sq.feet cost followed by "House" with an average price of $1,001 / sq.feet.
