The prices in real estate in Wittmann, 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.
The price per sq.feet in Wittmann has had a strong decrease during the last 6 months. In August, the average price per sq.feet was $234. In the following month the price per sq.feet decreased considerably to $163. The price for the following two months in (October, November) decreased 88 % with regard to the prior two months. The price per sq.feet has decreased 94 % 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 $186.75 to $175.5 during December, and January.
Based upon to the price in Wittmann (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during August, is $170,368. During September the price went through a considerable rise reaching $320,455. During the following two months (October, November) the average price had a considerable increase of 137 % 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 2 bedrooms are the cheapest ones. At a price of $343,513 they are 56 % more affordable than the average price for Wittmann. The properties with the highest average price have 1 bedroom, Their price is 28 % more costly than the average. After that we have properties with 4 bedrooms priced at $387,954.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $407 / sq.feet, with an average $180 / sq.feet price in Wittmann. The properties with the highest average prices have 1 bedroom. They are 441 % more expensive than the average followed by properties with 3 bedrooms with a price at $697 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $343,513 it is 18 % cheaper than the average price in Wittmann. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $282,376 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Farm" at an average cost of $1,413 / sq.feet followed by "House" priced at $2,450 / sq.feet. "House" is the most costly type of property with a $2,450 / sq.feet cost followed by "Farm" with an average price of $1,413 / sq.feet.