The prices in real estate in Benicia, 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.
The price per sq.feet in Benicia has increased during the last 6 months. In February, the average price per sq.feet was $277. In the following month the price per sq.feet decreased to $263. In the following two months the price per sq.feet has barely changed, going from $270 to $281.5 per sq.feet. The price per sq.feet has had a considerable increase of 124 % 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 $275.75 to $342 during June, and July.
Based upon to the price in Benicia (cities), these have remained the same in the last 6 months. The average price for February is $641,195. During March the price had a slight fall till $576,408. During the following two months (April, May) the average price had a considerable increase of 117 % 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 91 %, going from $661,664.25 to $602,672 in June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $576,256 they are 7 % more affordable than the average price for Benicia. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 1 bedroom priced at $659,688.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $267 / sq.feet, with an average $354 / sq.feet price in Benicia. The properties with the highest average prices have 2 bedrooms. They are 15 % more expensive than the average followed by properties with 3 bedrooms with a price at $358 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $576,256 it is 8 % cheaper than the average price in Benicia. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $531,903 it is 34 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $273 / sq.feet followed by "Duplex" priced at $399 / sq.feet. "Townhouse" is the most costly type of property with a $400 / sq.feet cost followed by "Duplex" with an average price of $399 / sq.feet.