The prices in real estate in Alameda, in the California region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Alameda has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $554. In December this price pretty much remained the same at a value of $542 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 79 with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $490.25 to $451.5 during March, and April.
Based upon to the price in Alameda (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $884,452. In December This price remains at $912,417. During the following two months (January, February) the average price fell 86 % 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 $837,434.75 and $851,516.5 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 $863,658 they are 56 % 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 $824,066.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $430 / sq.feet, with an average $439 / sq.feet price in Alameda. The properties with the highest average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 2 bedrooms with a price at $513 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $863,658 it is 10 % cheaper than the average price in Alameda. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "Commercial". At a price of $1,008,391 it is 33 % 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 $435 / sq.feet followed by "Townhouse" priced at $538 / sq.feet. "Duplex" is the most costly type of property with a $2,972 / sq.feet cost followed by "Commercial" with an average price of $2,651 / sq.feet.