The prices in real estate in Daly City, 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 Daly City has increased during the last 6 months. In January, the average price per sq.feet was $467. In the following month the price per sq.feet increased to $507. In the following two months the price per sq.feet has barely changed, going from $487 to $501 per sq.feet. The price per sq.feet has had a considerable increase of 116 % 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 $494 to $572.5 during May, and June.
Based upon to the price in Daly City (cities), this has gone up considerably in the last 6 months. In our first sample month during January, the average price is $738,729. In February This price remains at $774,263. During the following two months (March, April) the average price had a considerable increase of 119 % 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 122 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,068,924 they are 54 % more affordable than the average price for Daly City. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,048,050.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $549 / sq.feet, with an average $619 / sq.feet price in Daly City. The properties with the highest average prices have 3 bedrooms. They are 11 % more expensive than the average followed by properties with 1 bedroom with a price at $663 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,068,924 it is 42 % cheaper than the average price in Daly City. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Duplex". At a price of $1,156,203 it is 25 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $565 / sq.feet followed by "Townhouse" priced at $632 / sq.feet. "House" is the most costly type of property with a $685 / sq.feet cost followed by "Apartment" with an average price of $678 / sq.feet.