Property prices for sale in Corning (California)
The prices in real estate in Corning, 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 Corning has increased strongly during the last 6 months. In November, the average price per sq.feet was $208. In the following month the price per sq.feet increased considerably to $4,187. The price for the following two months in (January, February) had a considerable decrease of 11 with regard to the prior two months. The price per sq.feet has had a considerable increase of 905 % 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 $1,221.25 to $11,058 during March, and April.
Based upon to the price in Corning (cities), these have remained the same in the last 6 months. The average price for November is $322,219. During December the price had a slight fall till $290,436. During the following two months (January, February) the average price had a considerable increase of 119 % 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 93 %, going from $335,083.5 to $313,268 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $338,327 they are 17 % more affordable than the average price for Corning. The properties with the highest average price have 1 bedroom, Their price is 353 % more costly than the average. After that we have properties with 4 bedrooms priced at $728,097.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $233 / sq.feet, with an average $13,820 / sq.feet price in Corning. The properties with the lowest average prices have 1 bedroom. They are 76 % cheaper than the average followed by properties with 4 bedrooms with a price at $444 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $338,327 it is 29 % cheaper than the average price in Corning. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $271,268 it is 12 % 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 $70 / sq.feet followed by "House" priced at $254 / sq.feet. "Commercial" is the cheapest type of property with a $592 / sq.feet value followed by "House" with an average price of $254 / sq.feet.
