The prices in real estate in Ceres, 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 Ceres has increased during the last 6 months. In October, the average price per sq.feet was $266. In November this price pretty much remained the same at a value of $256 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $261 to $278.5 per sq.feet. The price per sq.feet has increased 108 % 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 $269.75 to $292 during February, and March.
Based upon to the price in Ceres (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $391,263. In November This price remains at $384,604. 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 117 % 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 $551,346 they are 46 % more affordable than the average price for Ceres. The properties with the highest average price have 4 bedrooms, Their price is 0 % more costly than the average. After that we have properties with 3 bedrooms priced at $403,137.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $153 / sq.feet, with an average $317 / sq.feet price in Ceres. The properties with the lowest average prices have 1 bedroom. They are 16 % cheaper than the average followed by properties with 4 bedrooms with a price at $233 / sq.feet.
The graph displaying the average prices displays the property type "Multi Family House" as the most affordable one. At an cost of $551,346 it is 65 % cheaper than the average price in Ceres. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $432,929 it is 17 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Multi Family House" at an average cost of $113 / sq.feet followed by "Townhouse" priced at $124 / sq.feet. "House" is the cheapest type of property with a $294 / sq.feet value followed by "Apartment" with an average price of $236 / sq.feet.