The prices in real estate in Bishop, in the California region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Bishop has increased strongly during the last 6 months. In October, the average price per sq.feet was $297. In November this price pretty much remained the same at a value of $303 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 448 %. The price per sq.feet has had a considerable increase of 284 % 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 $821.75 to $2,336 during February, and March.
Based upon to the price in Bishop (cities), this has gone up considerably in the last 6 months. The price in October is $545,345, rising in November till $602,184. In the following two months the average price has remained the same with regard to the previous two months from $573,764.5 to $599,884. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $764,056 they are 89 % more affordable than the average price for Bishop. The properties with the lowest average price have 2 bedrooms, Their price is 61 % cheaper than the average. After that we have properties with 3 bedrooms priced at $292,954.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $101 / sq.feet, with an average $4,356 / sq.feet price in Bishop. The properties with the lowest average prices have 2 bedrooms. They are 91 % cheaper than the average followed by properties with 3 bedrooms with a price at $388 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $764,056 it is 97 % cheaper than the average price in Bishop. "Land" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "". At a price of $22,103 it is 62 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "Land with an average price of $388 / sq.feet. "Land" with an average cost of $388 / sq.feet has the lowest price and would be directed at less affluent cities.