The prices in real estate in Capitola, 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 Capitola has increased strongly during the last 6 months. In January, the average price per sq.feet was $808. In February this price pretty much remained the same at a value of $803 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $805.5 to $886.5 per sq.feet. The price per sq.feet has had a considerable increase of 138 % 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 $846 to $1,170 during May, and June.
Based upon to the price in Capitola (cities), this has gone up considerably in the last 6 months. The price in January is $1,202,533, rising in February till $1,320,123. During the following two months (March, April) the price has had an average incrementation from $1,261,328 to $1,441,855.5. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,345,258 they are 58 % more affordable than the average price for Capitola. The properties with the highest average price have 3 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,401,536.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $853 / sq.feet, with an average $1,125 / sq.feet price in Capitola. The properties with the lowest average prices have 1 bedroom. They are 13 % cheaper than the average followed by properties with 3 bedrooms with a price at $870 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,345,258 it is 57 % cheaper than the average price in Capitola. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $817,105 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $501 / sq.feet followed by "Condo" priced at $640 / sq.feet. "House" is the cheapest type of property with a $1,031 / sq.feet value followed by "Condo" with an average price of $640 / sq.feet.