The prices in real estate in Clearlake Oaks, 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 Clearlake Oaks has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $2,377. In the following month the price per sq.feet decreased considerably to $181. The price for the following two months in (September, October) had a considerable decrease of 12 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 21 % 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 $718.5 to $151.5 during November, and December.
Based upon to the price in Clearlake Oaks (cities), this has fallen considerably in the last 6 months. The average price for July is $1,836,930. During August the price had a considerable reduction till $230,875. During the following two months (September, October) the average price had a considerable reduction of 20 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $617,881 to $184,408, which means a 30 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $184,598 they are 15 % more affordable than the average price for Clearlake Oaks. The properties with the highest average price have 4 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 3 bedrooms priced at $199,600.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $148 / sq.feet, with an average $153 / sq.feet price in Clearlake Oaks. The properties with the highest average prices have 1 bedroom. They are 40 % more expensive than the average followed by properties with 3 bedrooms with a price at $203 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $184,598 it is 1 % cheaper than the average price in Clearlake Oaks. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $217,937 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $125 / sq.feet followed by "House" priced at $158 / sq.feet. "Condo" is the most costly type of property with a $342 / sq.feet cost followed by "House" with an average price of $158 / sq.feet.