The prices in real estate in Chino Hills, 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 Chino Hills has increased during the last 6 months. In October, the average price per sq.feet was $317. In November this price pretty much remained the same at a value of $319 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $318 to $327 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 $322.5 to $357.5 during February, and March.
Based upon to the price in Chino Hills (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $778,198. In November This price remains at $761,863. During the following two months (December, January) the average price fell 91 % 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 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $821,177 they are 53 % more affordable than the average price for Chino Hills. 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 1 bedroom priced at $730,000.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $327 / sq.feet, with an average $367 / sq.feet price in Chino Hills. The properties with the highest average prices have 1 bedroom. They are 157 % more expensive than the average followed by properties with 3 bedrooms with a price at $362 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $821,177 it is 29 % cheaper than the average price in Chino Hills. "Land" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $838,826 it is 5 % 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 $225 / sq.feet followed by "Land" priced at $260 / sq.feet. "House" is the cheapest type of property with a $352 / sq.feet value followed by "Condo" with an average price of $330 / sq.feet.