The prices in real estate in Diablo, 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 Diablo has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,200,527. In the following month the price per sq.feet decreased considerably to $999. The price for the following two months in (December, January) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 4 % 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 $553,719.75 to $24,391.5 during February, and March.
Based upon to the price in Diablo (cities), this has gone downing the last 6 months. The average price for October is $3,496,667. During November the price had a considerable reduction till $2,860,875. In the following two months the average price has remained the same with regard to the previous two months from $3,178,771 to $3,184,375. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $3,834,800 they are 6 % more expensive than the average price for Diablo. Following this ranking we find those properties with 1 at an average price of $4,083,580. The properties with the highest average price have 1 bedroom, Their price is 6 % more costly than the average. After that we have properties with 2 bedrooms priced at $4,067,268.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $742 / sq.feet, with an average $47,999 / sq.feet price in Diablo. The properties with the lowest average prices have 1 bedroom. They are 98 % cheaper than the average followed by properties with 2 bedrooms with a price at $742 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $3,834,800 it is 14 % cheaper than the average price in Diablo. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $3,295,409 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $742 / sq.feet followed by "Apartment" priced at $812 / sq.feet. "Apartment" is the cheapest type of property with a $812 / sq.feet value followed by "House" with an average price of $742 / sq.feet.