The prices in real estate in El Monte, 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 Monte has fallen in the last 6 months. In April, the average price per sq.feet was $493. In May this price pretty much remained the same at a value of $472 per sq.feet. The price for the following two months in (June, July) decreased 94 % with regard to the prior two months. The price per sq.feet has decreased 95 % 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 $467.25 to $442.5 during August, and September.
Based upon to the price in El Monte (cities), these have remained the same in the last 6 months. In our first sample month during April, the average price is $711,018. In May This price remains at $712,661. During the following two months (June, July) the price has had an average incrementation from $711,839.5 to $751,719.5. 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 $731,779.5 and $715,493 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $670,247 they are 50 % more affordable than the average price for El Monte. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at $652,508.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $439 / sq.feet, with an average $430 / sq.feet price in El Monte. The properties with the highest average prices have 3 bedrooms. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $472 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $670,247 it is 41 % cheaper than the average price in El Monte. "Condo" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $739,578 it is 68 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $308 / sq.feet followed by "Townhouse" priced at $417 / sq.feet. "Duplex" is the most costly type of property with a $472 / sq.feet cost followed by "Condo" with an average price of $458 / sq.feet.