Property prices for sale in Bermuda Dunes (California)
The prices in real estate in Bermuda Dunes, in the California region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Bermuda Dunes has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $575. In the following month the price per sq.feet increased to $635. The price for the following two months in (December, January) had a considerable decrease of 59 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 82 % 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 $480.75 to $395 during February, and March.
Based upon to the price in Bermuda Dunes (cities), these have remained the same in the last 6 months. The price in October is $729,533, rising in November till $780,143. In the following two months the average price has remained the same with regard to the previous two months from $754,838 to $791,329. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $773,083.5 to $729,301.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $719,366 they are 67 % more affordable than the average price for Bermuda Dunes. The properties with the highest average price have 4 bedrooms, Their price is 17 % more costly than the average. After that we have properties with 3 bedrooms priced at $739,849.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $291 / sq.feet, with an average $324 / sq.feet price in Bermuda Dunes. The properties with the highest average prices have 4 bedrooms. They are 4 % more expensive than the average followed by properties with 3 bedrooms with a price at $321 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $719,366 it is 57 % cheaper than the average price in Bermuda Dunes. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $391,756 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $117 / sq.feet followed by "Condo" priced at $278 / sq.feet. "House" is the most costly type of property with a $340 / sq.feet cost followed by "Condo" with an average price of $278 / sq.feet.
