Property prices for sale in Alamo (California)
The prices in real estate in Alamo, 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 Alamo has increased strongly during the last 6 months. In October, the average price per sq.feet was $863. In November this price pretty much remained the same at a value of $864 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 381 %. The price per sq.feet has had a considerable deflation of 43 % 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 $2,077.5 to $887 during February, and March.
Based upon to the price in Alamo (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $2,748,965. In November This price remains at $2,748,253. During the following two months (December, January) the price has had an average incrementation from $2,748,609 to $3,017,776.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $3,541,837 they are 45 % more affordable than the average price for Alamo. The properties with the lowest average price have 1 bedroom, Their price is 45 % cheaper than the average. After that we have properties with 2 bedrooms priced at $1,939,761.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $855 / sq.feet, with an average $870 / sq.feet price in Alamo. The properties with the lowest average prices have 1 bedroom. They are 1 % cheaper than the average followed by properties with 2 bedrooms with a price at $855 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $3,541,837 it is 48 % cheaper than the average price in Alamo. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $1,840,887 it is 45 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $855 / sq.feet followed by "Townhouse" priced at $2,801 / sq.feet. "Townhouse" is the most costly type of property with a $2,801 / sq.feet cost followed by "House" with an average price of $855 / sq.feet.
