The prices in real estate in Cloverdale, in the California region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Cloverdale has increased strongly during the last 6 months. In October, the average price per sq.feet was $473. In November this price pretty much remained the same at a value of $485 per sq.feet. The price for the following two months in (December, January) decreased 88 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 352 % 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 $449.5 to $1,583.5 during February, and March.
Based upon to the price in Cloverdale (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $1,012,245. In November This price remains at $1,010,793. During the following two months (December, January) the average price had a considerable reduction of 74 % 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 120 % 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 $1,236,100 they are 84 % more affordable than the average price for Cloverdale. The properties with the lowest average price have 4 bedrooms, Their price is 36 % cheaper than the average. After that we have properties with 3 bedrooms priced at $724,590.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $331 / sq.feet, with an average $2,757 / sq.feet price in Cloverdale. The properties with the lowest average prices have 2 bedrooms. They are 83 % cheaper than the average followed by properties with 3 bedrooms with a price at $401 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,236,100 it is 61 % cheaper than the average price in Cloverdale. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $772,391 it is 176 % 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 $399 / sq.feet followed by "House" priced at $406 / sq.feet. "Land" is the most costly type of property with a $129,810 / sq.feet cost followed by "Detached House" with an average price of $410 / sq.feet.