The prices in real estate in Canoga Park, in the California region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Canoga Park has increased during the last 6 months. In October, the average price per sq.feet was $393. In the following month the price per sq.feet decreased to $345. The price for the following two months in (December, January) had a considerable increment of 119 %. The price per sq.feet has increased 110 % 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 $404 to $443 during February, and March.
Based upon to the price in Canoga Park (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $487,555. In November This price remains at $474,434. During the following two months (December, January) the average price had a considerable increase of 121 % 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 133 % 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 $796,266 they are 50 % more affordable than the average price for Canoga Park. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $703,126.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $423 / sq.feet, with an average $451 / sq.feet price in Canoga Park. The properties with the highest average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 4 bedrooms with a price at $488 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $796,266 it is 42 % cheaper than the average price in Canoga Park. "Condo" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "Apartment". At a price of $779,969 it is 1 % 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 $300 / sq.feet followed by "Condo" priced at $436 / sq.feet. "Detached House" is the most costly type of property with a $25,829 / sq.feet cost followed by "Apartment" with an average price of $490 / sq.feet.