The prices in real estate in Beverly Hills, 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 Beverly Hills has increased during the last 6 months. In January, the average price per sq.feet was $1,326. In February this price pretty much remained the same at a value of $1,385 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $1,355.5 to $1,425.5 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 $1,390.5 to $1,421 during May y June
Based upon to the price in Beverly Hills (cities), this has gone up in the last 6 months. The price in January is $6,416,868, rising in February till $6,934,068. During the following two months (March, April) the price has had an average incrementation from $6,675,468 to $7,293,624. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $8,150,975 they are 90 % more affordable than the average price for Beverly Hills. The properties with the lowest average price have 4 bedrooms, Their price is 40 % cheaper than the average. After that we have properties with 3 bedrooms priced at $2,482,204.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $847 / sq.feet, with an average $1,442 / sq.feet price in Beverly Hills. The properties with the lowest average prices have 4 bedrooms. They are 8 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,099 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $8,150,975 it is 84 % 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 $1,791,340 it is 14 % 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 $448 / sq.feet followed by "Duplex" priced at $636 / sq.feet. "House" is the most costly type of property with a $1,512 / sq.feet cost followed by "Condo" with an average price of $940 / sq.feet.