The prices in real estate in Sun City, 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 Sun City has increased strongly during the last 6 months. In December, the average price per sq.feet was $146. In the following month the price per sq.feet increased considerably to $646. The price for the following two months in (February, March) had a considerable decrease of 35 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 52 % 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 $267.5 to $139 during April, and May.
Based upon to the price in Sun City (cities), this has gone downing the last 6 months. The average price for December is $222,727. During January the price had a considerable reduction till $187,174. In the following two months the average price has remained the same with regard to the previous two months from $204,950.5 to $214,344.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $209,647.5 and $215,835 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $220,809 they are 46 % more affordable than the average price for Sun City. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $266,598.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $122 / sq.feet, with an average $138 / sq.feet price in Sun City. The properties with the highest average prices have 3 bedrooms. They are 3 % more expensive than the average followed by properties with 1 bedroom with a price at $141 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $220,809 it is 44 % cheaper than the average price in Sun City. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $318,309 it is 45 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $124 / sq.feet followed by "Townhouse" priced at $127 / sq.feet. "Condo" is the most costly type of property with a $1,079 / sq.feet cost followed by "Land" with an average price of $642 / sq.feet.