The prices in real estate in Tonopah, 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 Tonopah has increased during the last 6 months. In October, the average price per sq.feet was $129. In the following month the price per sq.feet decreased considerably to $105. In the following two months the price per sq.feet has increased 114 %, going from $117 to $133 per sq.feet. The price per sq.feet has had a considerable increase of 126 % 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 $125 to $158 during February, and March.
Based upon to the price in Tonopah (cities), this has fallen considerably in the last 6 months. The average price for October is $203,222. During November the price had a slight fall till $190,758. During the following two months (December, January) the average price had a considerable reduction of 82 % 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 $179,662.25 to $117,914, which means a 66 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $127,933 they are 18 % more expensive than the average price for Tonopah. Following this ranking we find those properties with 1 at an average price of $196,545. The properties with the highest average price have 4 bedrooms, Their price is 89 % more costly than the average. After that we have properties with 3 bedrooms priced at $200,905.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $108 / sq.feet, with an average $152 / sq.feet price in Tonopah. The properties with the highest average prices have 1 bedroom. They are 473 % more expensive than the average followed by properties with 2 bedrooms with a price at $116 / sq.feet.
With regard to the average price based upon the property in Tonopah we can see that most expensive property type is "House" at a price of $195,435, they are 53 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 53 % more expensive 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 $1,016 / sq.feet. "House" at an average price of $1,016 / sq.feet has the most expensive price and would be directed at more affluent cities.