The prices in real estate in Sun City West, 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 West has increased strongly during the last 6 months. In December, the average price per sq.feet was $158. In the following month the price per sq.feet increased considerably to $692. The price for the following two months in (February, March) had a considerable decrease of 36 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 55 % 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 $289 to $158 during April, and May.
Based upon to the price in Sun City West (cities), these have remained the same in the last 6 months. The average price for December is $279,787. During January the price had a considerable reduction till $237,497. In the following two months the average price has remained the same with regard to the previous two months from $258,642 to $270,107.5. 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 $264,374.75 and $275,987 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 $281,454 they are 50 % more affordable than the average price for Sun City West. The properties with the highest average price have 4 bedrooms, Their price is 121 % more costly than the average. After that we have properties with 3 bedrooms priced at $367,068.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $151 / sq.feet, with an average $158 / sq.feet price in Sun City West. The properties with the highest average prices have 4 bedrooms. They are 40 % more expensive than the average followed by properties with 3 bedrooms with a price at $158 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $281,454 it is 20 % cheaper than the average price in Sun City West. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $282,647 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $130 / sq.feet followed by "Townhouse" priced at $138 / sq.feet. "Condo" is the most costly type of property with a $1,579 / sq.feet cost followed by "Apartment" with an average price of $688 / sq.feet.