The prices in real estate in Corcoran, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Corcoran has fallen in the last 6 months. In October, the average price per sq.feet was $178. In November this price pretty much remained the same at a value of $184 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 85 with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $167.25 to $154 during February, and March.
Based upon to the price in Corcoran (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $368,030. In November This price remains at $370,869. During the following two months (December, January) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $343,548 to $308,528 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $352,494 they are 43 % more affordable than the average price for Corcoran. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 2 bedrooms priced at $379,231.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $150 / sq.feet, with an average $171 / sq.feet price in Corcoran. The properties with the highest average prices have 2 bedrooms. They are 30 % more expensive than the average followed by properties with 4 bedrooms with a price at $162 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $352,494 it is 16 % more expensive than the average price in Corcoran. "Townhouse" is seen as the second dearest property type. The dearest property type is "Townhouse" followed by "House". At a price of $409,929 it is 44 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $168 / sq.feet followed by "House" priced at $182 / sq.feet. "House" is the most costly type of property with a $182 / sq.feet cost followed by "Townhouse" with an average price of $168 / sq.feet.