The prices in real estate in Burney, in the California region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Burney has increased strongly during the last 6 months. In October, the average price per sq.feet was $175. In November this price pretty much remained the same at a value of $180 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 2688 %. The price per sq.feet has had a considerable deflation of 47 % 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 $2,474 to $1,167 during February, and March.
Based upon to the price in Burney (cities), these have remained the same in the last 6 months. The price in October is $207,814, rising in November till $220,211. During the following two months (December, January) the price has had an average incrementation from $214,012.5 to $224,960.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $219,486.5 to $206,837.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $206,957 they are 51 % more affordable than the average price for Burney. The properties with the highest average price have 4 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 3 bedrooms priced at $209,397.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $62 / sq.feet, with an average $2,157 / sq.feet price in Burney. The properties with the lowest average prices have 1 bedroom. They are 96 % cheaper than the average followed by properties with 3 bedrooms with a price at $86 / sq.feet.
With regard to the average price based upon the property in Burney we can see that most expensive property type is "House" at a price of $213,370, they are 3 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 3 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $67 / sq.feet. "House" with an average cost of $67 / sq.feet has the lowest price and would be directed at less affluent cities.