The prices in real estate in Bishop, 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 Bishop has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $316. In the following month the price per sq.feet decreased to $283. The price for the following two months in (March, April) decreased 86 % with regard to the prior two months. 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 $278.25 to $266.5 during May y June
Based upon to the price in Bishop (cities), this has gone downing the last 6 months. In our first sample month during January, the average price is $592,430. In February This price remains at $565,167. During the following two months (March, April) the average price fell 87 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $540,328.5 and $522,631 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $581,957 they are 85 % more affordable than the average price for Bishop. The properties with the lowest average price have 2 bedrooms, Their price is 48 % cheaper than the average. After that we have properties with 3 bedrooms priced at $299,185.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $112 / sq.feet, with an average $307 / sq.feet price in Bishop. The properties with the highest average prices have 2 bedrooms. They are 35 % more expensive than the average followed by properties with 3 bedrooms with a price at $409 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $581,957 it is 96 % cheaper than the average price in Bishop. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "Duplex". At a price of $73,663 it is 49 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $16 / sq.feet followed by "Land" priced at $409 / sq.feet. "Land" is the most costly type of property with a $409 / sq.feet cost followed by "Duplex" with an average price of $16 / sq.feet.