Property prices for sale in Carmel (California)
The prices in real estate in Carmel, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Carmel has fallen in the last 6 months. In October, the average price per sq.feet was $2,139. In the following month the price per sq.feet decreased considerably to $1,769. In the following two months the price per sq.feet has increased 112 %, going from $1,954 to $2,182.5 per sq.feet. The price per sq.feet has had a considerable deflation of 76 % 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 $2,068.25 to $1,575 during February, and March.
Based upon to the price in Carmel (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $3,328,904. In November This price remains at $3,325,066. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $3,238,964.25 to $2,840,557 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $2,611,688 they are 52 % more affordable than the average price for Carmel. The properties with the highest average price have 4 bedrooms, Their price is 36 % more costly than the average. After that we have properties with 3 bedrooms priced at $3,505,225.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $1,180 / sq.feet, with an average $1,473 / sq.feet price in Carmel. The properties with the highest average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,572 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $2,611,688 it is 59 % cheaper than the average price in Carmel. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $1,208,026 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $457 / sq.feet followed by "Condo" priced at $872 / sq.feet. "House" is the most costly type of property with a $1,526 / sq.feet cost followed by "Condo" with an average price of $872 / sq.feet.
