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 April, the average price per sq.feet was $147. In the following month the price per sq.feet decreased considerably to $38. The price for the following two months in (June, July) had a considerable increment of 141 %. The price per sq.feet has had a considerable deflation of 78 % 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 $111.5 to $86.5 during August, and September.
Based upon to the price in San Manuel (cities), this has fallen considerably in the last 6 months. The average price for April is $286,600. During May the price had a considerable reduction till $88,233. During the following two months (June, July) the price has had an average incrementation from $187,416.5 to $205,152. During the last two months the average price has had a strong fall compared to the previous four going from $196,284.25 to $101,618, which means a 52 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $106,323 they are 14 % more affordable than the average price for San Manuel. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $111,120.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $75 / sq.feet, with an average $84 / sq.feet price in San Manuel. The properties with the highest average prices have 2 bedrooms. They are 12 % more expensive than the average followed by properties with 1 bedroom with a price at $87 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $106,323 it is 18 % cheaper than the average price in San Manuel. "Apartment" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $87,495 it is 57 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $37 / sq.feet followed by "Apartment" priced at $137 / sq.feet. "Apartment" is the most costly type of property with a $137 / sq.feet cost followed by "House" with an average price of $37 / sq.feet.