The prices in real estate in Tempe, in the Arizona region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Tempe has remained the same in the last 6 months. In October, the average price per sq.feet was $224. In November this price pretty much remained the same at a value of $227 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $225.5 to $226.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $226 to $237 during February y March
Based upon to the price in Tempe (cities), these have remained the same in the last 6 months. The price in October is $354,844, rising in November till $373,871. In the following two months the average price has remained the same with regard to the previous two months from $364,357.5 to $356,287. 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 $360,322.25 and $372,805 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $378,950 they are 51 % more affordable than the average price for Tempe. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $366,213.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $226 / sq.feet, with an average $236 / sq.feet price in Tempe. The properties with the highest average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 3 bedrooms with a price at $243 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $378,950 it is 29 % cheaper than the average price in Tempe. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $332,390 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $197 / sq.feet followed by "Townhouse" priced at $221 / sq.feet. "Office" is the most costly type of property with a $984 / sq.feet cost followed by "Condo" with an average price of $268 / sq.feet.