The prices in real estate in Coalinga, in the California region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Coalinga has increased during the last 6 months. In December, the average price per sq.feet was $137. In the following month the price per sq.feet increased to $149. In the following two months the price per sq.feet has barely changed, going from $143 to $149 per sq.feet. The price per sq.feet has increased 109 % 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 $146 to $158.5 during April, and May.
Based upon to the price in Coalinga (cities), these have remained the same in the last 6 months. In our first sample month during December, the average price is $241,150. In January This price remains at $239,436. In the following two months the average price has remained the same with regard to the previous two months from $240,293 to $231,986.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $264,849 they are 54 % more affordable than the average price for Coalinga. The properties with the highest average price have 1 bedroom, Their price is 85 % more costly than the average. After that we have properties with 4 bedrooms priced at $304,446.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $132 / sq.feet, with an average $162 / sq.feet price in Coalinga. The properties with the highest average prices have 1 bedroom. They are 91 % more expensive than the average followed by properties with 4 bedrooms with a price at $155 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $264,849 it is 15 % cheaper than the average price in Coalinga. "Farm" is seen as the second most affordable property type. The cheapest type property is "Farm" followed by "House". At a price of $224,639 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $112 / sq.feet followed by "House" priced at $154 / sq.feet. "House" is the cheapest type of property with a $154 / sq.feet value followed by "Farm" with an average price of $112 / sq.feet.