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I was just looking up some information on home prices per square foot in the Phoenix area and oddly the worst neighborhoods in Phoenix have much higher home prices per square foot then some of the newest, nicest suburbs.
The roughest neighborhoods in Phoenix for example such as Alhambra and Maryvale command higher prices per square foot then brand new areas of San Tan Valley.
Gilbert, for example which has the highest household income of any city in the Phoenix area has many homes under $125 a square foot while the roughest neighborhood in Phoenix there are some homes going for over $150 per square foot.
I was wondering if there are any other metropolitan areas like this that have more expensive per square foot prices in the roughest neighborhoods then brand-new suburbs.
Denver is a bit like this also with home prices per square foot more then twice the price in it's roughest neighborhood then Douglas County, Colorado which is a suburban county with one of the highest household income per-capita in America.
For example there are areas in Castle Rock which is less then 10 minutes from major employment centers in metro Denver going for $110 or less per square foot. While the roughest part of Denver has small duplexes that have been flipped asking more then $350 per square foot.