The prices in real estate in Temple Bar Marina, in the Arizona region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Temple Bar Marina has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $8,909. In the following month the price per sq.feet decreased considerably to $140. The price for the following two months in (April, May) had a considerable decrease of 2 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 7 % 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 $2,303.5 to $162.5 during June, and July.
Based upon to the price in Temple Bar Marina (cities), this has fallen considerably in the last 6 months. The average price for February is $15,813,737. During March the price had a considerable reduction till $224,991. During the following two months (April, May) the average price had a considerable reduction of 2 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $4,084,733.5 to $299,634.5, which means a 7 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $298,587 they are 46 % more affordable than the average price for Temple Bar Marina. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 3 bedrooms priced at $278,006.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $138 / sq.feet, with an average $160 / sq.feet price in Temple Bar Marina. The properties with the highest average prices have 3 bedrooms. They are 5 % more expensive than the average followed by properties with 4 bedrooms with a price at $161 / sq.feet.
With regard to the average price based upon the property in Temple Bar Marina we can see that the cheapest property type is "House" at a price of $298,395, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $164 / sq.feet. "House" at an average price of $164 / sq.feet has the most expensive price and would be directed at more affluent cities.