The prices in real estate in Benicia, 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 Benicia has fallen in the last 6 months. In July, the average price per sq.feet was $345. In the following month the price per sq.feet decreased to $305. In the following two months the price per sq.feet has barely changed, going from $325 to $312.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $318.75 to $328 during November y December
Based upon to the price in Benicia (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $538,677. During August the price went through a considerable rise reaching $678,308. During the following two months (September, October) the price has had an average incrementation from $608,492.5 to $669,749.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $639,121 to $606,438 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $602,650 they are 11 % more affordable than the average price for Benicia. The properties with the highest average price have 1 bedroom, Their price is 10 % more costly than the average. After that we have properties with 4 bedrooms priced at $583,752.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $341 / sq.feet, with an average $325 / sq.feet price in Benicia. The properties with the highest average prices have 2 bedrooms. They are 26 % more expensive than the average followed by properties with 4 bedrooms with a price at $346 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $602,650 it is 11 % cheaper than the average price in Benicia. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $535,645 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $346 / sq.feet followed by "Duplex" priced at $406 / sq.feet. "Townhouse" is the most costly type of property with a $407 / sq.feet cost followed by "Duplex" with an average price of $406 / sq.feet.