Property prices for sale in Arizona region

The price per sq.feet in Arizona has increased strongly in the last 6 months. During February, the average price per sq.feet was $233. The following month (March) the price increased to $252 per sq.feet. In the following two months (April, May) the price per sq.feet has risen strongly to a 118 %. In the last two months, the price per sq.feet has increased 106 %. This has been obtained by comparing the price $263.75 for the first four months of the sample with regard to the previous 4 months and the price $280.5 per sq.feet for the last two months (June, July).

Based upon to the price in Arizona(region), this has increased considerably in the last 6 months. In the first month sample for February the average price is $408,054. During March it went through a strong inflation reaching $515,479 The price in the following months (April, May) had a strong increment of 121 % going from $461,766.5 to $557,016.5. During the last two months the average price has remained stagnant and has gone from $509,391.5 to $534,169 during June and July.

The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 62 % more affordable than the average price in Arizona followed by those with 2 with an average price of $359,692. The most costly properties have 4 bedrooms. They are 30 % more expensive than the average followed by those properties with 3 bedrooms priced at $511,206.

Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $274 / sq.feet being $282 / sq.feet the average value within the Arizona region. The properties with the most expensive average price are those with 3 bedrooms. These are 2 % more costly than the average followed by those with 4 bedrooms with a price of $284 / sq.feet.

The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $526,889 it is 53 % more affordable than the average in Arizona. This is followed by "Condo" with a price of $308,796. The dearest property type is "House" and is 2 % more expensive than the average, followed by "Duplex" with a cost of $400,483.

Based on the average cost per sq.feet the cheapest property type is "Duplex with a an average cost of $219 / sq.feet, followed by "Townhouse" with a price of $276 / sq.feet. "Land" with an average price of $16,545 / sq.feet is the most costly type of property followed by "Apartment" at a price of $345 / sq.feet.