Property prices for sale in Prescott Valley (Arizona)
The prices in real estate in Prescott 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 Prescott Valley has increased strongly during the last 6 months. In October, the average price per sq.feet was $952. In the following month the price per sq.feet increased considerably to $1,458. The price for the following two months in (December, January) had a considerable increment of 148 %. The price per sq.feet has had a considerable deflation of 68 % 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 $1,494 to $1,019.5 during February, and March.
Based upon to the price in Prescott Valley (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $528,840. In November This price remains at $513,928. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $538,305 they are 64 % more affordable than the average price for Prescott Valley. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at $506,994.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $224 / sq.feet, with an average $1,745 / sq.feet price in Prescott Valley. The properties with the highest average prices have 3 bedrooms. They are 167 % more expensive than the average followed by properties with 4 bedrooms with a price at $444 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $538,305 it is 65 % cheaper than the average price in Prescott Valley. "Land" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $524,731 it is 112 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $136 / sq.feet followed by "Townhouse" priced at $148 / sq.feet. "Land" is the most costly type of property with a $53,992 / sq.feet cost followed by "House" with an average price of $1,475 / sq.feet.
