The prices in real estate in Alta, 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 Alta has increased strongly during the last 6 months. In October, the average price per sq.feet was $412. In the following month the price per sq.feet increased to $453. In the following two months the price per sq.feet has barely changed, going from $432.5 to $414.5 per sq.feet. The price per sq.feet has had a considerable increase of 131 % 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 $423.5 to $555.5 during February, and March.
Based upon to the price in Alta (cities), these have remained the same in the last 6 months. The price in October is $912,387, rising in November till $1,042,224. In the following two months the average price has remained the same with regard to the previous two months from $977,305.5 to $951,036.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $964,171 to $899,017.5 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 $800,204 they are 54 % more affordable than the average price for Alta. The properties with the highest average price have 4 bedrooms, Their price is 32 % more costly than the average. After that we have properties with 3 bedrooms priced at $693,701.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $418 / sq.feet, with an average $744 / sq.feet price in Alta. The properties with the highest average prices have 1 bedroom. They are 183 % more expensive than the average followed by properties with 3 bedrooms with a price at $452 / sq.feet.
With regard to the average price based upon the property in Alta we can see that most expensive property type is "House" at a price of $951,917, they are 19 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 19 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $426 / sq.feet. "House" with an average cost of $426 / sq.feet has the lowest price and would be directed at less affluent cities.