The prices in real estate in Pinetop, in the Arizona region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Pinetop has remained the same in the last 6 months. In September, the average price per sq.feet was $209. In the following month the price per sq.feet increased to $225. In the following two months the price per sq.feet has barely changed, going from $217 to $215.5 per sq.feet. The price per sq.feet has decreased 94 % 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 $216.25 to $204 during January, and February.
Based upon to the price in Pinetop (cities), this has gone up in the last 6 months. The average price during our first sample month during September, is $491,712. During October the price went through a considerable rise reaching $577,917. In the following two months the average price has remained the same with regard to the previous two months from $534,814.5 to $553,424. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $544,119.25 to $494,500 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $454,496 they are 81 % more affordable than the average price for Pinetop. The properties with the highest average price have 4 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 3 bedrooms priced at $383,215.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $136 / sq.feet, with an average $198 / sq.feet price in Pinetop. The properties with the highest average prices have 4 bedrooms. They are 13 % more expensive than the average followed by properties with 3 bedrooms with a price at $192 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $454,496 it is 74 % cheaper than the average price in Pinetop. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $267,007 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $108 / sq.feet followed by "Townhouse" priced at $112 / sq.feet. "Land" is the most costly type of property with a $1,900 / sq.feet cost followed by "House" with an average price of $183 / sq.feet.