The prices in real estate in Surprise, in the Arizona region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Surprise has increased during the last 6 months. In February, the average price per sq.feet was $151. In the following month the price per sq.feet increased to $164. In the following two months the price per sq.feet has barely changed, going from $157.5 to $162 per sq.feet. The price per sq.feet has increased 114 % 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 $159.75 to $182.5 during June, and July.
Based upon to the price in Surprise (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $297,781. In March This price remains at $304,334. During the following two months (April, May) the price has had an average incrementation from $301,057.5 to $318,377. 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 1 bedroom are the cheapest ones. At a price of $388,923 they are 66 % more affordable than the average price for Surprise. The properties with the lowest average price have 4 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 3 bedrooms priced at $311,690.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $129 / sq.feet, with an average $182 / sq.feet price in Surprise. The properties with the highest average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $156 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $388,923 it is 26 % cheaper than the average price in Surprise. "Condo" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $303,389 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $104 / sq.feet followed by "Office" priced at $125 / sq.feet. "Apartment" is the most costly type of property with a $4,297 / sq.feet cost followed by "Condo" with an average price of $140 / sq.feet.