The prices in real estate in Costa Mesa, 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 Costa Mesa has increased during the last 6 months. In May, the average price per sq.feet was $494. In June this price pretty much remained the same at a value of $489 per sq.feet. The price for the following two months in (July, August) had a considerable increment of 120 %. The price per sq.feet has decreased 89 % 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 $539.75 to $478.5 during September, and October.
Based upon to the price in Costa Mesa (cities), this has gone up in the last 6 months. The price in May is $857,321, rising in June till $920,262. During the following two months (July, August) the price has had an average incrementation from $888,791.5 to $990,925. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $939,858.25 and $954,679.5 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $944,406 they are 28 % more affordable than the average price for Costa Mesa. The properties with the lowest average price have 1 bedroom, Their price is 3 % cheaper than the average. After that we have properties with 4 bedrooms priced at $800,423.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $455 / sq.feet, with an average $465 / sq.feet price in Costa Mesa. The properties with the highest average prices have 2 bedrooms. They are 88 % more expensive than the average followed by properties with 1 bedroom with a price at $704 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $944,406 it is 59 % cheaper than the average price in Costa Mesa. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Duplex". At a price of $898,266 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $419 / sq.feet followed by "Apartment" priced at $439 / sq.feet. "Condo" is the most costly type of property with a $4,994 / sq.feet cost followed by "House" with an average price of $3,020 / sq.feet.