The prices in real estate in Wellton, 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 Wellton has increased strongly during the last 6 months. In March, the average price per sq.feet was $165. In April this price pretty much remained the same at a value of $172 per sq.feet. The price for the following two months in (May, June) had a considerable increment of 372 %. The price per sq.feet has had a considerable deflation of 53 % 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 $397.25 to $209.5 during July, and August.
Based upon to the price in Wellton (cities), this has gone downing the last 6 months. In our first sample month during March, the average price is $252,572. In April This price remains at $243,693. During the following two months (May, June) the average price fell 89 % 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 $234,944.75 and $237,291 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $240,335 they are 46 % more affordable than the average price for Wellton. The properties with the highest average price have 4 bedrooms, Their price is 504 % more costly than the average. After that we have properties with 3 bedrooms priced at $254,309.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $174 / sq.feet, with an average $212 / sq.feet price in Wellton. The properties with the highest average prices have 4 bedrooms. They are 284 % more expensive than the average followed by properties with 1 bedroom with a price at $302 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $240,335 it is 67 % cheaper than the average price in Wellton. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $78,787 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $79 / sq.feet followed by "House" priced at $185 / sq.feet. "House" is the cheapest type of property with a $185 / sq.feet value followed by "Condo" with an average price of $79 / sq.feet.