Property prices for sale in Los Angeles (California)
The prices in real estate in Los Angeles, 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 Los Angeles has remained the same in the last 6 months. In October, the average price per sq.feet was $757. In the following month the price per sq.feet decreased to $706. In the following two months the price per sq.feet has barely changed, going from $731.5 to $724.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $728 to $738 during February y March
Based upon to the price in Los Angeles (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $1,854,349. In November This price remains at $1,817,208. In the following two months the average price has remained the same with regard to the previous two months from $1,835,778.5 to $1,751,106. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $1,793,442.25 to $1,615,086 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,610,215 they are 59 % more affordable than the average price for Los Angeles. The properties with the highest average price have 4 bedrooms, Their price is 36 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,802,748.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $776 / sq.feet, with an average $740 / sq.feet price in Los Angeles. The properties with the highest average prices have 3 bedrooms. They are 26 % more expensive than the average followed by properties with 4 bedrooms with a price at $790 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,610,215 it is 30 % cheaper than the average price in Los Angeles. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Commercial". At a price of $2,927,111 it is 273 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $642 / sq.feet followed by "House" priced at $742 / sq.feet. "Land" is the most costly type of property with a $4,620,627 / sq.feet cost followed by "Apartment" with an average price of $4,550 / sq.feet.
