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 June, the average price per sq.feet was $196. In July this price pretty much remained the same at a value of $203 per sq.feet. The price for the following two months in (August, September) had a considerable increment of 411 %. The price per sq.feet has had a considerable deflation of 43 % 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 $509.25 to $220 during October, and November.
Based upon to the price in Snowflake (cities), these have remained the same in the last 6 months. The price in June is $429,469, rising in July till $460,934. During the following two months (August, September) the average price fell 91 % with regard to the previous two months. 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 $512,865 they are 64 % more affordable than the average price for Snowflake. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 3 bedrooms priced at $376,800.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $166 / sq.feet, with an average $209 / sq.feet price in Snowflake. The properties with the highest average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 3 bedrooms with a price at $198 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $512,865 it is 97 % cheaper than the average price in Snowflake. "Land" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $174,591 it is 14 % 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 $40 / sq.feet followed by "House" priced at $197 / sq.feet. "House" is the cheapest type of property with a $197 / sq.feet value followed by "Land" with an average price of $40 / sq.feet.