The prices in real estate in Cerritos, 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 Cerritos has remained the same in the last 6 months. In September, the average price per sq.feet was $582. In the following month the price per sq.feet decreased to $543. In the following two months the price per sq.feet has barely changed, going from $562.5 to $580 per sq.feet. The price per sq.feet has increased 111 % 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 $571.25 to $635.5 during January, and February.
Based upon to the price in Cerritos (cities), this has gone downing the last 6 months. The average price for September is $1,101,132. During October the price had a slight fall till $1,016,894. In the following two months the average price has remained the same with regard to the previous two months from $1,059,013 to $1,021,557. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,040,285 and $1,073,327 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,104,043 they are 59 % more affordable than the average price for Cerritos. The properties with the highest average price have 4 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 3 bedrooms priced at $898,326.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $542 / sq.feet, with an average $639 / sq.feet price in Cerritos. The properties with the highest average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $603 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,104,043 it is 60 % cheaper than the average price in Cerritos. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $720,757 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $445 / sq.feet followed by "Townhouse" priced at $485 / sq.feet. "Apartment" is the cheapest type of property with a $573 / sq.feet value followed by "House" with an average price of $556 / sq.feet.