The prices in real estate in Atwater, 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 Atwater has increased strongly during the last 6 months. In February, the average price per sq.feet was $145. In the following month the price per sq.feet increased to $161. In the following two months the price per sq.feet has barely changed, going from $153 to $153.5 per sq.feet. The price per sq.feet has had a considerable increase of 336 % 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 $153.25 to $514.5 during June, and July.
Based upon to the price in Atwater (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $308,224. In March This price remains at $315,445. During the following two months (April, May) the average price had a considerable increase of 122 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 247 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $422,531 they are 20 % more affordable than the average price for Atwater. The properties with the lowest average price have 1 bedroom, Their price is 19 % cheaper than the average. After that we have properties with 3 bedrooms priced at $339,873.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $165 / sq.feet, with an average $193 / sq.feet price in Atwater. The properties with the lowest average prices have 1 bedroom. They are 12 % cheaper than the average followed by properties with 3 bedrooms with a price at $165 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $422,531 it is 29 % cheaper than the average price in Atwater. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $299,740 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $130 / sq.feet followed by "House" priced at $165 / sq.feet. "House" is the cheapest type of property with a $165 / sq.feet value followed by "Townhouse" with an average price of $130 / sq.feet.