The prices in real estate in Cardiff By The Sea, 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 Cardiff By The Sea has increased strongly during the last 6 months. In October, the average price per sq.feet was $563. In the following month the price per sq.feet increased considerably to $1,096. In the following two months the price per sq.feet has barely changed, going from $829.5 to $814.5 per sq.feet. The price per sq.feet has had a considerable increase of 140 % 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 $822 to $1,150 during February, and March.
Based upon to the price in Cardiff By The Sea (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $1,200,998. During November the price went through a considerable rise reaching $1,864,272. During the following two months (December, January) the average price had a considerable increase of 129 % 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 126 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 34 % cheaper than the average price of $1,444,980 in Cardiff By The Sea. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 34 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 17 % cheaper than the average price of ($567 / sq.feet) in Cardiff By The Sea. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 17 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $2,181,800 it is 34 % cheaper than the average price in Cardiff By The Sea. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Duplex". At a price of $1,654,550 it is 24 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $567 / sq.feet followed by "Duplex" priced at $653 / sq.feet. "Condo" is the cheapest type of property with a $656 / sq.feet value followed by "Duplex" with an average price of $653 / sq.feet.