Property prices for sale in Tonopah (Arizona)

The prices in real estate in Tonopah, 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.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Tonopah has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $170. In August this price pretty much remained the same at a value of $168 per sq.feet. The price for the following two months in (September, October) had a considerable decrease of 71 with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $144.25 to $132 during November, and December.

Average price

Based upon to the price in Tonopah (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $92,725. During August the price went through a considerable rise reaching $135,560. During the following two months (September, October) the average price had a considerable increase of 196 % 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 149 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $256,034 they are 41 % more affordable than the average price for Tonopah. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 3 bedrooms priced at $199,100.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $99 / sq.feet, with an average $134 / sq.feet price in Tonopah. The properties with the highest average prices have 1 bedroom. They are 543 % more expensive than the average followed by properties with 2 bedrooms with a price at $107 / sq.feet.

Price per property type

With regard to the average price based upon the property in Tonopah we can see that the cheapest property type is "House" at a price of $193,678, they are 24 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 24 % 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 $999 / sq.feet. "House" at an average price of $999 / sq.feet has the most expensive price and would be directed at more affluent cities.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Tonopah
Number of properties used in region Arizona
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value