The prices in real estate in Cabazon, 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 Cabazon has increased strongly during the last 6 months. In October, the average price per sq.feet was $291. In November this price pretty much remained the same at a value of $280 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 548 %. The price per sq.feet has had a considerable increase of 2790 % 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 $925.5 to $25,825 during February, and March.
Based upon to the price in Cabazon (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $371,029. In November This price remains at $354,362. In the following two months the average price has remained the same with regard to the previous two months from $362,695.5 to $347,094.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $399,850 they are 26 % more affordable than the average price for Cabazon. The properties with the highest average price have 4 bedrooms, Their price is 57 % more costly than the average. After that we have properties with 3 bedrooms priced at $416,302.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $278 / sq.feet, with an average $51,324 / sq.feet price in Cabazon. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $327 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $399,850 it is 96 % cheaper than the average price in Cabazon. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "". At a price of $14,955 it is 25 % more affordable than the average price.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $259 / sq.feet. "House" with an average cost of $259 / sq.feet has the lowest price and would be directed at less affluent cities.