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 February, the average price per sq.feet was $1,938. In the following month the price per sq.feet decreased considerably to $1,255. The price for the following two months in (April, May) had a considerable increment of 137 %. 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 $1,895 to $1,916.5 during June y July
Based upon to the price in Beverly Hills (cities), this has gone up considerably in the last 6 months. The price in February is $5,246,821, rising in March till $5,656,403. During the following two months (April, May) the average price had a considerable increase of 115 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $6,996,907 they are 94 % more affordable than the average price for Beverly Hills. The properties with the highest average price have 1 bedroom, Their price is 9 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,063,691.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $213 / sq.feet, with an average $2,344 / sq.feet price in Beverly Hills. The properties with the highest average prices have 1 bedroom. They are 529 % more expensive than the average followed by properties with 2 bedrooms with a price at $729 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $6,996,907 it is 81 % cheaper than the average price in Beverly Hills. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $6,714,519 it is 110 % 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 $471 / sq.feet followed by "Duplex" priced at $507 / sq.feet. "House" is the most costly type of property with a $3,148 / sq.feet cost followed by "Land" with an average price of $1,956 / sq.feet.