The prices in real estate in Claremont, 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 Claremont has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $1,113. In the following month the price per sq.feet decreased considerably to $725. The price for the following two months in (March, April) had a considerable decrease of 19 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 63 % 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 $548.75 to $345.5 during May, and June.
Based upon to the price in Claremont (cities), this has fallen considerably in the last 6 months. The average price for January is $814,273. During February the price had a considerable reduction till $644,503. During the following two months (March, April) the average price had a considerable reduction of 48 % 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 141 % 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 $729,076 they are 32 % more affordable than the average price for Claremont. 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 $601,347.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $342 / sq.feet, with an average $348 / sq.feet price in Claremont. The properties with the highest average prices have 3 bedrooms. They are 9 % more expensive than the average followed by properties with 2 bedrooms with a price at $365 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $729,076 it is 24 % cheaper than the average price in Claremont. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Townhouse". At a price of $731,890 it is 53 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $234 / sq.feet followed by "Townhouse" priced at $298 / sq.feet. "House" is the cheapest type of property with a $332 / sq.feet value followed by "Townhouse" with an average price of $298 / sq.feet.