The prices in real estate in El Cerrito, 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 El Cerrito has fallen in the last 6 months. In May, the average price per sq.feet was $570. In the following month the price per sq.feet decreased to $509. The price for the following two months in (July, August) decreased 93 % with regard to the prior two months. The price per sq.feet has increased 111 % 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 $519.75 to $578.5 during September, and October.
Based upon to the price in El Cerrito (cities), these have remained the same in the last 6 months. In our first sample month during May, the average price is $839,889. In June This price remains at $836,458. During the following two months (July, August) the price has had an average incrementation from $838,173.5 to $888,489. 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 $863,331.25 and $840,182 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $820,488 they are 3 % more expensive than the average price for El Cerrito. Following this ranking we find those properties with 1 at an average price of $848,469. The properties with the highest average price have 1 bedroom, Their price is 3 % more costly than the average. After that we have properties with 4 bedrooms priced at $841,445.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $504 / sq.feet, with an average $577 / sq.feet price in El Cerrito. The properties with the lowest average prices have 4 bedrooms. They are 3 % cheaper than the average followed by properties with 1 bedroom with a price at $504 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $820,488 it is 3 % more expensive than the average price in El Cerrito. "Townhouse" is seen as the second dearest property type. The dearest property type is "Duplex" followed by "Townhouse". At a price of $994,632 it is 28 % 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 $557 / sq.feet followed by "Townhouse" priced at $40,328 / sq.feet. "Duplex" is the most costly type of property with a $45,180 / sq.feet cost followed by "Townhouse" with an average price of $40,328 / sq.feet.