The prices in real estate in Citrus Heights, in the California region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Citrus Heights has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $210. In the following month the price per sq.feet decreased considerably to $118. The price for the following two months in (May, June) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 139 % 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 $157.75 to $219.5 during July, and August.
Based upon to the price in Citrus Heights (cities), these have remained the same in the last 6 months. The average price for March is $333,687. During April the price had a considerable reduction till $272,420. In the following two months the average price has remained the same with regard to the previous two months from $303,053.5 to $315,933.5. 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 $379,117 they are 23 % more affordable than the average price for Citrus Heights. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $423,079.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $229 / sq.feet, with an average $253 / sq.feet price in Citrus Heights. The properties with the highest average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $261 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $379,117 it is 47 % cheaper than the average price in Citrus Heights. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $287,791 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 $159 / sq.feet followed by "Detached House" priced at $170 / sq.feet. "House" is the most costly type of property with a $262 / sq.feet cost followed by "Condo" with an average price of $215 / sq.feet.