The prices in real estate in Beverly Hills, in the California region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Beverly Hills has remained the same in the last 6 months. In November, the average price per sq.feet was $1,207. In the following month the price per sq.feet decreased to $1,108. In the following two months the price per sq.feet has increased 105 %, going from $1,157.5 to $1,217.5 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 $1,187.5 to $1,198.5 during March y April
Based upon to the price in Beverly Hills (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $5,016,343. In December This price remains at $5,102,721. During the following two months (January, February) the price has had an average incrementation from $5,059,532 to $5,724,207.5. 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 $5,391,870 to $5,100,772.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $5,497,321 they are 82 % more affordable than the average price for Beverly Hills. The properties with the lowest average price have 4 bedrooms, Their price is 25 % cheaper than the average. After that we have properties with 3 bedrooms priced at $2,721,076.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $898 / sq.feet, with an average $1,231 / sq.feet price in Beverly Hills. The properties with the lowest average prices have 3 bedrooms. They are 10 % cheaper than the average followed by properties with 4 bedrooms with a price at $1,086 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $5,497,321 it is 79 % cheaper than the average price in Beverly Hills. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $1,773,434 it is 34 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $462 / sq.feet followed by "Duplex" priced at $550 / sq.feet. "House" is the most costly type of property with a $1,400 / sq.feet cost followed by "Condo" with an average price of $884 / sq.feet.