The prices in real estate in Campbell, 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 Campbell has increased strongly during the last 6 months. In April, the average price per sq.feet was $639. In the following month the price per sq.feet increased considerably to $2,936. The price for the following two months in (June, July) had a considerable decrease of 68 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 49 % 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 $1,502.5 to $729 during August, and September.
Based upon to the price in Campbell (cities), this has gone up in the last 6 months. The price in April is $1,277,989, rising in May till $1,394,219. During the following two months (June, July) the price has had an average incrementation from $1,336,104 to $1,522,462. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $1,429,283 to $1,228,564.5 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,193,885 they are 54 % more affordable than the average price for Campbell. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,136,719.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $643 / sq.feet, with an average $683 / sq.feet price in Campbell. The properties with the highest average prices have 2 bedrooms. They are 12 % more expensive than the average followed by properties with 3 bedrooms with a price at $742 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,193,885 it is 26 % cheaper than the average price in Campbell. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Office". At a price of $1,437,365 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $653 / sq.feet followed by "Apartment" priced at $670 / sq.feet. "Office" is the most costly type of property with a $2,704 / sq.feet cost followed by "Land" with an average price of $2,598 / sq.feet.