The prices in real estate in Belvedere Tiburon, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Belvedere Tiburon has fallen in the last 6 months. In March, the average price per sq.feet was $1,348. In April this price pretty much remained the same at a value of $1,378 per sq.feet. The price for the following two months in (May, June) decreased 89 % with regard to the prior two months. The price per sq.feet has decreased 95 % 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 $1,290.75 to $1,224.5 during July, and August.
Based upon to the price in Belvedere Tiburon (cities), this has fallen considerably in the last 6 months. In our first sample month during March, the average price is $5,048,764. In April This price remains at $5,089,638. During the following two months (May, June) the average price had a considerable reduction of 75 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $4,433,218.5 to $3,905,757 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $3,660,943 they are 81 % more affordable than the average price for Belvedere Tiburon. The properties with the highest average price have 4 bedrooms, Their price is 75 % more costly than the average. After that we have properties with 3 bedrooms priced at $2,571,355.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $905 / sq.feet, with an average $1,231 / sq.feet price in Belvedere Tiburon. The properties with the highest average prices have 4 bedrooms. They are 20 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,237 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $3,660,943 it is 64 % cheaper than the average price in Belvedere Tiburon. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $1,799,648 it is 82 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $852 / sq.feet followed by "Condo" priced at $1,164 / sq.feet. "House" is the most costly type of property with a $1,310 / sq.feet cost followed by "Condo" with an average price of $1,164 / sq.feet.