The prices in real estate in Show Low, 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 Show Low has increased strongly during the last 6 months. In October, the average price per sq.feet was $159. In the following month the price per sq.feet increased to $167. The price for the following two months in (December, January) had a considerable increment of 197 %. The price per sq.feet has had a considerable increase of 289 % 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 $242 to $699 during February, and March.
Based upon to the price in Show Low (cities), this has fallen considerably in the last 6 months. The price in October is $282,926, rising in November till $317,821. During the following two months (December, January) the average price had a considerable reduction of 82 % 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 $273,124.25 to $167,250, which means a 61 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $167,962 they are 30 % more affordable than the average price for Show Low. The properties with the highest average price have 4 bedrooms, Their price is 193 % more costly than the average. After that we have properties with 3 bedrooms priced at $317,200.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $116 / sq.feet, with an average $546 / sq.feet price in Show Low. The properties with the highest average prices have 4 bedrooms. They are 376 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,658 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $167,962 it is 18 % cheaper than the average price in Show Low. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $364,980 it is 186 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $87 / sq.feet followed by "Detached House" priced at $122 / sq.feet. "House" is the most costly type of property with a $3,531 / sq.feet cost followed by "Commercial" with an average price of $2,361 / sq.feet.