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 December, the average price per sq.feet was $155. In the following month the price per sq.feet decreased to $147. The price for the following two months in (February, March) had a considerable decrease of 47 with regard to the prior two months. The price per sq.feet has had a considerable increase of 143 % 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 $111 to $159 during April, and May.
Based upon to the price in Clearlake Oaks (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is $189,636. In January This price remains at $187,304. During the following two months (February, March) the average price had a considerable reduction of 49 % 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 146 % 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 $219,975 they are 31 % more affordable than the average price for Clearlake Oaks. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 3 bedrooms priced at $236,828.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $143 / sq.feet, with an average $168 / sq.feet price in Clearlake Oaks. The properties with the highest average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at $173 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $219,975 it is 15 % cheaper than the average price in Clearlake Oaks. "Condo" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $186,741 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $144 / sq.feet followed by "Condo" priced at $361 / sq.feet. "Condo" is the most costly type of property with a $361 / sq.feet cost followed by "House" with an average price of $144 / sq.feet.