The prices in real estate in San Manuel, in the Arizona region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in San Manuel has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $242. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (November, December) had a considerable increment of 169 %. The price per sq.feet has decreased 86 % 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 $163 to $139.5 during January, and February.
Based upon to the price in San Manuel (cities), this has fallen considerably in the last 6 months. The average price for September is $323,300. During October the price had a considerable reduction till . During the following two months (November, December) the average price had a considerable increase of 194 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $237,908.25 to $165,655.5, which means a 70 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $207,533 they are 48 % more affordable than the average price for San Manuel. The properties with the lowest average price have 1 bedroom, Their price is 38 % cheaper than the average. After that we have properties with 3 bedrooms priced at $107,932.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $53 / sq.feet, with an average $102 / sq.feet price in San Manuel. The properties with the lowest average prices have 1 bedroom. They are 1 % cheaper than the average followed by properties with 3 bedrooms with a price at $53 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $207,533 it is 58 % 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 $88,113 it is 19 % 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 $44 / sq.feet followed by "Apartment" priced at $144 / sq.feet. "Apartment" is the most costly type of property with a $144 / sq.feet cost followed by "House" with an average price of $44 / sq.feet.