Property prices for sale in Banning (California)

The prices in real estate in Banning, in the California region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$403,255
Average price last 6 months
$269.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Banning has increased during the last 6 months. In September, the average price per sq.feet was $256. In October this price pretty much remained the same at a value of $265 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $260.5 to $289.5 per sq.feet. The price per sq.feet has decreased 94 % 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 $275 to $259.5 during January, and February.

Average price

Based upon to the price in Banning (cities), these have remained the same in the last 6 months. The price in September is $387,635, rising in October till $416,634. In the following two months the average price has remained the same with regard to the previous two months from $402,134.5 to $414,811.5. 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 $408,473 and $392,819 between January and February.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $359,282 they are 70 % more affordable than the average price for Banning. The properties with the highest average price have 4 bedrooms, Their price is 51 % more costly than the average. After that we have properties with 3 bedrooms priced at $430,636.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $112 / sq.feet, with an average $244 / sq.feet price in Banning. The properties with the highest average prices have 3 bedrooms. They are 12 % more expensive than the average followed by properties with 4 bedrooms with a price at $262 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $359,282 it is 49 % cheaper than the average price in Banning. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $432,104 it is 113 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $129 / sq.feet followed by "House" priced at $269 / sq.feet. "Commercial" is the most costly type of property with a $619 / sq.feet cost followed by "Apartment" with an average price of $271 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Banning
Number of properties used in region California
$359,282
$244
1,686
1,254,498
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value