The prices in real estate in Berkeley, in the California region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Berkeley has remained the same in the last 6 months. In November, the average price per sq.feet was $756. In the following month the price per sq.feet decreased to $658. In the following two months the price per sq.feet has barely changed, going from $707 to $711 per sq.feet. The price per sq.feet has increased 107 % 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 $709 to $759 during March, and April.
Based upon to the price in Berkeley (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $1,386,374. In December This price remains at $1,341,099. During the following two months (January, February) the price has had an average incrementation from $1,363,736.5 to $1,526,503. 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 $1,445,119.75 and $1,417,815 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,413,795 they are 55 % more affordable than the average price for Berkeley. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,275,461.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $765 / sq.feet, with an average $758 / sq.feet price in Berkeley. The properties with the highest average prices have 2 bedrooms. They are 13 % more expensive than the average followed by properties with 1 bedroom with a price at $804 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $1,413,795 it is 55 % cheaper than the average price in Berkeley. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $1,217,043 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $775 / sq.feet followed by "Condo" priced at $786 / sq.feet. "Duplex" is the most costly type of property with a $1,087 / sq.feet cost followed by "Office" with an average price of $1,083 / sq.feet.