Property prices for sale in Tonopah (Arizona)
The prices in real estate in Tonopah, 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 Tonopah has increased strongly during the last 6 months. In November, the average price per sq.feet was $716. In the following month the price per sq.feet decreased to $655. The price for the following two months in (January, February) had a considerable increment of 133 %. The price per sq.feet has had a considerable increase of 1220 % 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 $798.25 to $9,742.5 during March, and April.
Based upon to the price in Tonopah (cities), these have remained the same in the last 6 months. The price in November is $202,485, rising in December till $219,142. During the following two months (January, February) the average price fell 85 % 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 gone up 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $263,254 they are 2 % more affordable than the average price for Tonopah. The properties with the highest average price have 4 bedrooms, Their price is 61 % more costly than the average. After that we have properties with 3 bedrooms priced at $360,580.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $173 / sq.feet, with an average $18,424 / sq.feet price in Tonopah. The properties with the lowest average prices have 3 bedrooms. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $189 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $263,254 it is 29 % cheaper than the average price in Tonopah. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $186,061 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $167 / sq.feet followed by "Farm" priced at $959 / sq.feet. "Farm" is the cheapest type of property with a $959 / sq.feet value followed by "House" with an average price of $167 / sq.feet.
