The prices in real estate in Descanso, 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 Descanso has increased strongly during the last 6 months. In November, the average price per sq.feet was $410. In December this price pretty much remained the same at a value of $400 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 134 %. The price per sq.feet has had a considerable increase of 120 % 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 $473.5 to $568 during March, and April.
Based upon to the price in Descanso (cities), this has gone up considerably in the last 6 months. The price in November is $617,975, rising in December till $654,327. During the following two months (January, February) the average price had a considerable increase of 224 % 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 gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $947,697 they are 53 % more affordable than the average price for Descanso. 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 $830,153.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $260 / sq.feet, with an average $520 / sq.feet price in Descanso. The properties with the highest average prices have 3 bedrooms. They are 9 % more expensive than the average followed by properties with 2 bedrooms with a price at $486 / sq.feet.
With regard to the average price based upon the property in Descanso we can see that the cheapest property type is "House" at a price of $862,839, they are 9 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 9 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $433 / sq.feet. "House" with an average cost of $433 / sq.feet has the lowest price and would be directed at less affluent cities.