The prices in real estate in Queen Creek, 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 Queen Creek has increased strongly during the last 6 months. In April, the average price per sq.feet was $167. In the following month the price per sq.feet increased considerably to $1,377. The price for the following two months in (June, July) had a considerable increment of 149 %. The price per sq.feet has decreased 90 % 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 $960.5 to $864.5 during August, and September.
Based upon to the price in Queen Creek (cities), this has gone downing the last 6 months. The average price for April is $418,342. During May the price had a slight fall till $396,160. During the following two months (June, July) the average price fell 91 % with regard to the previous two months. 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 $388,656.5 and $386,406 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $377,684 they are 21 % more affordable than the average price for Queen Creek. The properties with the lowest average price have 4 bedrooms, Their price is 3 % cheaper than the average. After that we have properties with 1 bedroom priced at $357,024.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $125 / sq.feet, with an average $216 / sq.feet price in Queen Creek. The properties with the lowest average prices have 2 bedrooms. They are 24 % cheaper than the average followed by properties with 3 bedrooms with a price at $137 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $377,684 it is 13 % cheaper than the average price in Queen Creek. "Commercial Property" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial Property". At a price of $338,628 it is 0 % 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 $98 / sq.feet followed by "Commercial Property" priced at $102 / sq.feet. "House" is the cheapest type of property with a $127 / sq.feet value followed by "Commercial Property" with an average price of $102 / sq.feet.