Property prices for sale in Prescott (Arizona)
The prices in real estate in Prescott, 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 Prescott has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,676. In the following month the price per sq.feet increased considerably to $2,349. The price for the following two months in (December, January) had a considerable increment of 189 %. The price per sq.feet has had a considerable increase of 134 % 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 $2,912.5 to $3,896.5 during February, and March.
Based upon to the price in Prescott (cities), this has gone downing the last 6 months. The average price for October is $739,899. During November the price had a considerable reduction till $610,197. In the following two months the average price has remained the same with regard to the previous two months from $675,048 to $681,367.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $678,207.75 to $639,796.5 in 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 $667,425 they are 46 % more affordable than the average price for Prescott. The properties with the highest average price have 4 bedrooms, Their price is 59 % more costly than the average. After that we have properties with 3 bedrooms priced at $830,882.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $531 / sq.feet, with an average $4,814 / sq.feet price in Prescott. The properties with the highest average prices have 4 bedrooms. They are 128 % more expensive than the average followed by properties with 3 bedrooms with a price at $6,654 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $667,425 it is 67 % cheaper than the average price in Prescott. "Condo" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $874,199 it is 79 % 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 $272 / sq.feet followed by "Condo" priced at $293 / sq.feet. "House" is the most costly type of property with a $7,533 / sq.feet cost followed by "Land" with an average price of $1,476 / sq.feet.
