The prices in real estate in Tucson, in the Arizona region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Tucson has remained the same in the last 6 months. In June, the average price per sq.feet was $154. In the following month the price per sq.feet increased considerably to $196. The price for the following two months in (August, September) had a considerable decrease of 77 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 $155 to $140.5 during October, and November.
Based upon to the price in Tucson (cities), these have remained the same in the last 6 months. The price in June is $271,620, rising in July till $310,302. During the following two months (August, September) the average price fell 87 % with regard to the previous two months. 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 $271,770.75 and $271,108 between October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $290,083 they are 68 % more affordable than the average price for Tucson. The properties with the highest average price have 4 bedrooms, Their price is 46 % more costly than the average. After that we have properties with 3 bedrooms priced at $266,857.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $124 / sq.feet, with an average $143 / sq.feet price in Tucson. The properties with the highest average prices have 4 bedrooms. They are 10 % more expensive than the average followed by properties with 3 bedrooms with a price at $153 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $290,083 it is 54 % cheaper than the average price in Tucson. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $292,664 it is 48 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $129 / sq.feet followed by "Condo" priced at $152 / sq.feet. "House" is the most costly type of property with a $159 / sq.feet cost followed by "Condo" with an average price of $152 / sq.feet.