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 November, the average price per sq.feet was $299. In December this price pretty much remained the same at a value of $312 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 173 %. The price per sq.feet has had a considerable deflation of 74 % 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 $416.75 to $309 during March, and April.
Based upon to the price in Scottsdale (cities), this has fallen considerably in the last 6 months. The average price for November is $976,768. During December the price had a slight fall till $923,176. During the following two months (January, February) the average price had a considerable reduction of 76 % 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 $837,808.5 and $802,871 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $790,044 they are 55 % more affordable than the average price for Scottsdale. The properties with the highest average price have 4 bedrooms, Their price is 33 % more costly than the average. After that we have properties with 3 bedrooms priced at $636,687.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $246 / sq.feet, with an average $279 / sq.feet price in Scottsdale. The properties with the highest average prices have 1 bedroom. They are 432 % more expensive than the average followed by properties with 4 bedrooms with a price at $281 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $790,044 it is 58 % cheaper than the average price in Scottsdale. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $993,552 it is 40 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $265 / sq.feet followed by "House" priced at $580 / sq.feet. "Commercial" is the most costly type of property with a $2,930 / sq.feet cost followed by "Apartment" with an average price of $2,706 / sq.feet.