The prices in real estate in San Manuel, 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 San Manuel has increased strongly during the last 6 months. In February, the average price per sq.feet was $109. In the following month the price per sq.feet increased to $120. The price for the following two months in (April, May) had a considerable increment of 116 %. The price per sq.feet has had a considerable increase of 120 % 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 $123.75 to $148.5 during June, and July.
Based upon to the price in San Manuel (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $125,421. During March the price went through a considerable rise reaching $169,667. During the following two months (April, May) the price has had an average incrementation from $147,544 to $165,213.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % 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 $173,272 they are 48 % more affordable than the average price for San Manuel. The properties with the lowest average price have 4 bedrooms, Their price is 28 % cheaper than the average. After that we have properties with 3 bedrooms priced at $109,073.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $57 / sq.feet, with an average $151 / sq.feet price in San Manuel. The properties with the lowest average prices have 4 bedrooms. They are 52 % cheaper than the average followed by properties with 2 bedrooms with a price at $68 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $173,272 it is 51 % cheaper than the average price in San Manuel. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $85,579 it is 6 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $15 / sq.feet followed by "Apartment" priced at $115 / sq.feet. "Apartment" is the cheapest type of property with a $115 / sq.feet value followed by "House" with an average price of $15 / sq.feet.