The prices in real estate in Seligman, 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 Seligman has increased strongly during the last 6 months. In July, the average price per sq.feet was $111. In the following month the price per sq.feet increased to $124. In the following two months the price per sq.feet has increased 114 %, going from $117.5 to $134 per sq.feet. The price per sq.feet has increased 107 % 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 $125.75 to $134.5 during November, and December.
Based upon to the price in Seligman (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $149,097. During August the price went through a considerable rise reaching $176,544. During the following two months (September, October) the average price had a considerable increase of 123 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $181,942.5 to $170,038 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $170,238 they are 33 % more affordable than the average price for Seligman. The properties with the highest average price have 4 bedrooms, Their price is 78 % more costly than the average. After that we have properties with 2 bedrooms priced at $204,844.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $120 / sq.feet, with an average $139 / sq.feet price in Seligman. The properties with the highest average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 4 bedrooms with a price at $159 / sq.feet.