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 September, the average price per sq.feet was $1,338. In the following month the price per sq.feet decreased to $1,199. In the following two months the price per sq.feet has barely changed, going from $1,268.5 to $1,288 per sq.feet. The price per sq.feet has increased 109 % 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 $1,278.25 to $1,396 during January, and February.
Based upon to the price in Beverly Hills (cities), this has gone downing the last 6 months. The average price for September is $7,277,157. During October the price had a considerable reduction till $5,929,975. In the following two months the average price has remained the same with regard to the previous two months from $6,603,566 to $6,889,206. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % 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 $6,758,688 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 23 % cheaper than the average. After that we have properties with 3 bedrooms priced at $2,449,286.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $700 / sq.feet, with an average $1,419 / sq.feet price in Beverly Hills. The properties with the lowest average prices have 4 bedrooms. They are 11 % cheaper than the average followed by properties with 2 bedrooms with a price at $1,031 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $6,758,688 it is 81 % cheaper than the average price in Beverly Hills. "Detached House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $2,162,649 it is 33 % 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 $428 / sq.feet followed by "Townhouse" priced at $469 / sq.feet. "Apartment" is the most costly type of property with a $2,822 / sq.feet cost followed by "House" with an average price of $1,702 / sq.feet.