The prices in real estate in Scottsdale, 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 Scottsdale has increased strongly during the last 6 months. In September, the average price per sq.feet was $259. 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 236 %. The price per sq.feet has had a considerable increase of 243 % 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 $217.5 to $528 during January, and February.
Based upon to the price in Scottsdale (cities), this has fallen considerably in the last 6 months. The average price for September is $840,314. During October the price had a considerable reduction till . During the following two months (November, December) the average price had a considerable increase of 226 % 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 2 bedrooms are the cheapest ones. At a price of $926,228 they are 56 % more affordable than the average price for Scottsdale. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 1 bedroom priced at $695,312.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $259 / sq.feet, with an average $298 / sq.feet price in Scottsdale. The properties with the highest average prices have 1 bedroom. They are 563 % more expensive than the average followed by properties with 4 bedrooms with a price at $303 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $926,228 it is 62 % cheaper than the average price in Scottsdale. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $942,271 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $275 / sq.feet followed by "Farm" priced at $757 / sq.feet. "Apartment" is the most costly type of property with a $2,707 / sq.feet cost followed by "House" with an average price of $794 / sq.feet.