The prices in real estate in Alameda, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Alameda has fallen in the last 6 months. In May, the average price per sq.feet was $571. In June this price pretty much remained the same at a value of $569 per sq.feet. The price for the following two months in (July, August) decreased 87 % with regard to the prior two months. The price per sq.feet has decreased 89 % 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 $533.25 to $474.5 during September, and October.
Based upon to the price in Alameda (cities), these have remained the same in the last 6 months. The price in May is $902,727, rising in June till $958,463. During the following two months (July, August) the average price had a considerable reduction of 85 % with regard to the previous two months. 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 $860,155.25 and $893,579 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $882,852 they are 57 % more affordable than the average price for Alameda. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at $824,891.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $457 / sq.feet, with an average $479 / sq.feet price in Alameda. The properties with the highest average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at $514 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $882,852 it is 8 % more expensive than the average price in Alameda. "Commercial" is seen as the second dearest property type. The dearest property type is "Townhouse" followed by "Duplex". At a price of $1,156,364 it is 31 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $469 / sq.feet followed by "Commercial" priced at $2,669 / sq.feet. "Townhouse" is the most costly type of property with a $2,993 / sq.feet cost followed by "Duplex" with an average price of $2,990 / sq.feet.