The prices in real estate in Patagonia, 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 Patagonia has increased strongly during the last 6 months. In October, the average price per sq.feet was $4,188. In the following month the price per sq.feet increased considerably to $9,451. The price for the following two months in (December, January) had a considerable decrease of 74 with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $5,940.5 to $6,237 during February y March
Based upon to the price in Patagonia (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $10,781,250. In November This price remains at $10,781,250. During the following two months (December, January) the average price had a considerable increase of 116 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $11,639,792 to $6,619,707, which means a 57 % fall.