The prices in real estate in Snowflake, 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 Snowflake has increased strongly during the last 6 months. In November, the average price per sq.feet was $152. In December this price pretty much remained the same at a value of $154 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 118 %. The price per sq.feet has had a considerable increase of 122 % 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 $166.5 to $203 during March, and April.
Based upon to the price in Snowflake (cities), this has gone up considerably in the last 6 months. The price in November is $304,028, rising in December till $335,754. In the following two months the average price has remained the same with regard to the previous two months from $319,891 to $333,358.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $444,121 they are 20 % more affordable than the average price for Snowflake. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 1 bedroom priced at $381,667.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $212 / sq.feet, with an average $209 / sq.feet price in Snowflake. The properties with the highest average prices have 2 bedrooms. They are 24 % more expensive than the average followed by properties with 3 bedrooms with a price at $224 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $444,121 it is 60 % cheaper than the average price in Snowflake. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $179,492 it is 6 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $59 / sq.feet followed by "Apartment" priced at $73 / sq.feet. "House" is the most costly type of property with a $211 / sq.feet cost followed by "Apartment" with an average price of $73 / sq.feet.