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 April, the average price per sq.feet was $429. In the following month the price per sq.feet increased considerably to $1,013. The price for the following two months in (June, July) decreased 90 % with regard to the prior two months. 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 $684.75 to $734.5 during August, and September.
Based upon to the price in Show Low (cities), this has gone up considerably in the last 6 months. The price in April is $166,631, rising in May till $187,140. During the following two months (June, July) the price has had an average incrementation from $176,885.5 to $189,715. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $195,199 they are 38 % more affordable than the average price for Show Low. The properties with the highest average price have 4 bedrooms, Their price is 123 % more costly than the average. After that we have properties with 3 bedrooms priced at $357,790.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $101 / sq.feet, with an average $621 / sq.feet price in Show Low. The properties with the highest average prices have 3 bedrooms. They are 264 % more expensive than the average followed by properties with 4 bedrooms with a price at $2,175 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $195,199 it is 68 % cheaper than the average price in Show Low. "Detached House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $377,706 it is 219 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $116 / sq.feet followed by "Condo" priced at $157 / sq.feet. "Cabin" is the most costly type of property with a $2,765 / sq.feet cost followed by "Commercial" with an average price of $1,929 / sq.feet.