The average price in the Arizona region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in Arizona has increased strongly in the last 6 months. During October, the average price per sq.feet was $461. In November the price pretty much stayed the same at $467 per sq.feet. The following two months (December, January) there has been a deflation of 88 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant increase of 206 %. This has been obtained by comparing the price of $436.5 for the first four months of the sample with regard to the previous 4 months and the price of $900 per sq.feet for the last two months (February, March).
Based upon to the price in Arizona(region), these have remained the same in the last 6 months. In the first month sample October the average price is $548,161. In November the price was the same at $555,573. The average price for the following two months (December, January) decreased 89 % compared to the prior two. During the last two months the average price has remained stagnant and has gone from $522,369.5 to $535,695 during February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 66 % more affordable than the average price in Arizona followed by those with 2 with an average price of $404,817. The most costly properties have 4 bedrooms. They are 46 % more expensive than the average followed by those properties with 3 bedrooms priced at $548,491.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $237 / sq.feet being $1,410 / sq.feet the average value within the Arizona region. The properties with the most expensive average price are those with 4 bedrooms. These are 99 % more costly than the average followed by those with 3 bedrooms with a price of $1,664 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $563,364 it is 74 % more affordable than the average in Arizona. This is followed by "Condo" with a price of $368,235. The dearest property type is "Commercial" and is 56 % more expensive than the average, followed by "Apartment" with a cost of $625,507.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $212 / sq.feet, followed by "Condo" with a price of $300 / sq.feet. "House" with an average price of $1,365 / sq.feet is the cheapest type of property followed by "Land" at a price of $1,108 / sq.feet.