The prices in real estate in Duarte, 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 Duarte has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $337. In the following month the price per sq.feet decreased considerably to $158. The price for the following two months in (May, June) had a considerable increment of 122 %. The price per sq.feet has had a considerable increase of 118 % 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 $275.25 to $323.5 during July, and August.
Based upon to the price in Duarte (cities), this has gone downing the last 6 months. The average price for March is $566,033. During April the price had a considerable reduction till $412,699. During the following two months (May, June) the price has had an average incrementation from $489,366 to $545,789. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $517,577.5 and $521,325 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $549,450 they are 12 % more affordable than the average price for Duarte. The properties with the lowest average price have 1 bedroom, Their price is 11 % cheaper than the average. After that we have properties with 3 bedrooms priced at $484,932.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $353 / sq.feet, with an average $318 / sq.feet price in Duarte. The properties with the highest average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 3 bedrooms with a price at $358 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $549,450 it is 28 % cheaper than the average price in Duarte. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $402,557 it is 12 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $353 / sq.feet followed by "Farm" priced at $450 / sq.feet. "Townhouse" is the most costly type of property with a $461 / sq.feet cost followed by "Farm" with an average price of $450 / sq.feet.