The prices in real estate in Tolleson, 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 Tolleson has increased strongly during the last 6 months. In December, the average price per sq.feet was $128. In the following month the price per sq.feet increased considerably to $201. The price for the following two months in (February, March) had a considerable decrease of 81 with regard to the prior two months. The price per sq.feet has decreased 91 % 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 $148.75 to $135.5 during April, and May.
Based upon to the price in Tolleson (cities), these have remained the same in the last 6 months. In our first sample month during December, the average price is $248,008. In January This price remains at $258,616. In the following two months the average price has remained the same with regard to the previous two months from $253,312 to $256,170.5. 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 $254,741.25 and $259,257 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 $262,573 they are 0 % more affordable than the average price for Tolleson. The properties with the highest average price have 2 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 1 bedroom priced at $261,616.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $126 / sq.feet, with an average $135 / sq.feet price in Tolleson. The properties with the highest average prices have 1 bedroom. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at $126 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $262,573 it is 19 % cheaper than the average price in Tolleson. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $226,352 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $78 / sq.feet followed by "Land" priced at $83 / sq.feet. "Apartment" is the cheapest type of property with a $126 / sq.feet value followed by "House" with an average price of $115 / sq.feet.