The prices in real estate in Cerritos, 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 Cerritos has increased during the last 6 months. In November, the average price per sq.feet was $564. In the following month the price per sq.feet increased to $596. In the following two months the price per sq.feet has increased 110 %, going from $580 to $635.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $607.75 to $636.5 during March y April
Based upon to the price in Cerritos (cities), these have remained the same in the last 6 months. The average price for November is $1,049,971. During December the price had a slight fall till $993,143. During the following two months (January, February) the price has had an average incrementation from $1,021,557 to $1,073,327. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $1,116,923 they are 61 % more affordable than the average price for Cerritos. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,069,013.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $566 / sq.feet, with an average $626 / sq.feet price in Cerritos. The properties with the highest average prices have 3 bedrooms. They are 9 % more expensive than the average followed by properties with 4 bedrooms with a price at $641 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,116,923 it is 60 % cheaper than the average price in Cerritos. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $614,227 it is 6 % 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 $483 / sq.feet followed by "Condo" priced at $557 / sq.feet. "House" is the most costly type of property with a $634 / sq.feet cost followed by "Condo" with an average price of $557 / sq.feet.