Property prices for sale in Downey (California)
The prices in real estate in Downey, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Downey has fallen in the last 6 months. In November, the average price per sq.feet was $537. In the following month the price per sq.feet decreased to $505. The price for the following two months in (January, February) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has had a considerable increase of 117 % 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 $479.75 to $562 during March, and April.
Based upon to the price in Downey (cities), this has gone up in the last 6 months. The average price for November is $753,891. During December the price had a slight fall till $711,940. In the following two months the average price has remained the same with regard to the previous two months from $732,915.5 to $720,935. Based on an analysis of the first four prices and the last two months the average price has risen strongly 136 % 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 $1,028,309 they are 60 % more affordable than the average price for Downey. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $944,349.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $398 / sq.feet, with an average $559 / sq.feet price in Downey. The properties with the highest average prices have 3 bedrooms. They are 4 % more expensive than the average followed by properties with 4 bedrooms with a price at $546 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,028,309 it is 66 % cheaper than the average price in Downey. "Office" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $597,822 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $233 / sq.feet followed by "Office" priced at $311 / sq.feet. "Land" is the most costly type of property with a $740 / sq.feet cost followed by "House" with an average price of $576 / sq.feet.
