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 October, the average price per sq.feet was $1,341. In the following month the price per sq.feet decreased considerably to $1,134. The price for the following two months in (December, January) decreased 88 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,161.5 to $1,134.5 during February y March
Based upon to the price in Dana Point (cities), this has fallen considerably in the last 6 months. The average price for October is $3,858,220. During November the price had a considerable reduction till $2,924,311. During the following two months (December, January) the average price had a considerable reduction of 82 % 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 89 %, going from $3,079,455 to $2,733,992.5 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 $2,315,749 they are 75 % more affordable than the average price for Dana Point. The properties with the highest average price have 4 bedrooms, Their price is 87 % more costly than the average. After that we have properties with 3 bedrooms priced at $2,606,596.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $757 / sq.feet, with an average $1,050 / sq.feet price in Dana Point. The properties with the highest average prices have 4 bedrooms. They are 25 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,119 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $2,315,749 it is 84 % cheaper than the average price in Dana Point. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $2,217,239 it is 62 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $270 / sq.feet followed by "Duplex" priced at $487 / sq.feet. "House" is the most costly type of property with a $1,386 / sq.feet cost followed by "Condo" with an average price of $1,123 / sq.feet.