The prices in real estate in Thatcher, 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 Thatcher has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $864. In the following month the price per sq.feet decreased considerably to $155. The price for the following two months in (April, May) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 21 % 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 $254.75 to $53 during June, and July.
Based upon to the price in Thatcher (cities), this has fallen considerably in the last 6 months. The average price for February is $161,639. During March the price had a slight fall till $152,388. During the following two months (April, May) the average price had a considerable reduction of 0 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 125 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $195,567 they are 46 % more affordable than the average price for Thatcher. The properties with the lowest average price have 1 bedroom, Their price is 46 % cheaper than the average. After that we have properties with 2 bedrooms priced at $105,461.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $67 / sq.feet, with an average $106 / sq.feet price in Thatcher. The properties with the lowest average prices have 1 bedroom. They are 34 % cheaper than the average followed by properties with 2 bedrooms with a price at $67 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $195,567 it is 54 % cheaper than the average price in Thatcher. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Farm" followed by "Apartment". At a price of $105,461 it is 38 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $61 / sq.feet followed by "Apartment" priced at $67 / sq.feet. "Apartment" is the cheapest type of property with a $67 / sq.feet value followed by "Townhouse" with an average price of $61 / sq.feet.