The prices in real estate in El Dorado Hills, 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 El Dorado Hills has increased strongly during the last 6 months. In October, the average price per sq.feet was $369. In November this price pretty much remained the same at a value of $385 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 1913 %. The price per sq.feet has had a considerable increase of 147 % 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 $3,794.5 to $5,579.5 during February, and March.
Based upon to the price in El Dorado Hills (cities), this has gone up considerably in the last 6 months. The price in October is $1,061,185, rising in November till $1,192,035. During the following two months (December, January) the price has had an average incrementation from $1,126,610 to $1,199,079.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % 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 $1,381,323 they are 63 % more affordable than the average price for El Dorado Hills. The properties with the lowest average price have 4 bedrooms, Their price is 41 % cheaper than the average. After that we have properties with 1 bedroom priced at $730,279.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $229 / sq.feet, with an average $10,724 / sq.feet price in El Dorado Hills. The properties with the lowest average prices have 2 bedrooms. They are 97 % cheaper than the average followed by properties with 3 bedrooms with a price at $267 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $1,381,323 it is 57 % cheaper than the average price in El Dorado Hills. "Detached House" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $674,115 it is 49 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $147 / sq.feet followed by "Detached House" priced at $161 / sq.feet. "House" is the cheapest type of property with a $238 / sq.feet value followed by "Apartment" with an average price of $207 / sq.feet.