Property prices for sale in Cathedral City (California)
The prices in real estate in Cathedral City, in the California region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Cathedral City has remained the same in the last 6 months. In October, the average price per sq.feet was $251. In the following month the price per sq.feet increased to $272. In the following two months the price per sq.feet has barely changed, going from $261.5 to $260 per sq.feet. The price per sq.feet has decreased 94 % 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 $260.75 to $245 during February, and March.
Based upon to the price in Cathedral City (cities), this has gone up considerably in the last 6 months. The price in October is $360,733, rising in November till $405,812. During the following two months (December, January) the average price had a considerable increase of 126 % 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 gone up 111 % 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 $477,941 they are 50 % more affordable than the average price for Cathedral City. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $551,556.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $280 / sq.feet, with an average $232 / sq.feet price in Cathedral City. The properties with the highest average prices have 4 bedrooms. They are 32 % more expensive than the average followed by properties with 3 bedrooms with a price at $299 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $477,941 it is 71 % cheaper than the average price in Cathedral City. "Apartment" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $573,715 it is 62 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $53 / sq.feet followed by "House" priced at $240 / sq.feet. "Land" is the most costly type of property with a $254,986 / sq.feet cost followed by "Condo" with an average price of $288 / sq.feet.
