The prices in real estate in Seligman, in the Arizona region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Seligman has fallen in the last 6 months. In April, the average price per sq.feet was $216. In the following month the price per sq.feet increased considerably to $292. The price for the following two months in (June, July) had a considerable decrease of 73 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 81 % 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 $220 to $178.5 during August, and September.
Based upon to the price in Seligman (cities), this has fallen considerably in the last 6 months. In our first sample month during April, the average price is $290,180. In May This price remains at $290,855. During the following two months (June, July) the average price had a considerable reduction of 58 % 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 $229,375 to $114,357, which means a 50 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $109,165 they are 6 % more expensive than the average price for Seligman. Following this ranking we find those properties with 2 at an average price of $249,508. The properties with the highest average price have 4 bedrooms, Their price is 294 % more costly than the average. After that we have properties with 3 bedrooms priced at $278,895.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $157 / sq.feet, with an average $183 / sq.feet price in Seligman. The properties with the highest average prices have 3 bedrooms. They are 457 % more expensive than the average followed by properties with 1 bedroom with a price at $665 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $109,165 it is 58 % cheaper than the average price in Seligman. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $45,729 it is 124 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $62 / sq.feet followed by "House" priced at $494 / sq.feet. "House" is the most costly type of property with a $494 / sq.feet cost followed by "Land" with an average price of $62 / sq.feet.