The prices in real estate in Coalinga, 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 Coalinga has increased strongly during the last 6 months. In August, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $136. The price for the following two months in (October, November) had a considerable increment of 207 %. The price per sq.feet has had a considerable increase of 137 % 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 $104.25 to $143 during December, and January.
Based upon to the price in Coalinga (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during August, is . During September the price went through a considerable rise reaching $214,928. During the following two months (October, November) the average price had a considerable increase of 225 % 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 138 % 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 $239,436 they are 42 % more affordable than the average price for Coalinga. The properties with the highest average price have 1 bedroom, Their price is 103 % more costly than the average. After that we have properties with 4 bedrooms priced at $297,727.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $137 / sq.feet, with an average $149 / sq.feet price in Coalinga. The properties with the highest average prices have 1 bedroom. They are 146 % more expensive than the average followed by properties with 4 bedrooms with a price at $154 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $239,436 it is 9 % cheaper than the average price in Coalinga. "Farm" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $216,795 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $116 / sq.feet followed by "House" priced at $143 / sq.feet. "House" is the cheapest type of property with a $143 / sq.feet value followed by "Farm" with an average price of $116 / sq.feet.