The prices in real estate in Dana Point, in the California region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Dana Point has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $1,624. In the following month the price per sq.feet decreased considerably to $689. The price for the following two months in (June, July) had a considerable decrease of 59 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 73 % 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 $920.5 to $673 during August, and September.
Based upon to the price in Dana Point (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $1,331,839. During May the price went through a considerable rise reaching $1,575,334. During the following two months (June, July) the price has had an average incrementation from $1,453,586.5 to $1,611,013. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % 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 $1,510,100 they are 71 % more affordable than the average price for Dana Point. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,304,343.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $546 / sq.feet, with an average $648 / sq.feet price in Dana Point. The properties with the highest average prices have 4 bedrooms. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $631 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $1,510,100 it is 26 % cheaper than the average price in Dana Point. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $1,333,444 it is 12 % 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 $541 / sq.feet followed by "House" priced at $659 / sq.feet. "Condo" is the most costly type of property with a $1,878 / sq.feet cost followed by "House" with an average price of $659 / sq.feet.