The prices in real estate in Encino, in the California region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Encino has remained the same in the last 6 months. In January, the average price per sq.feet was $553. In February this price pretty much remained the same at a value of $542 per sq.feet. The price for the following two months in (March, April) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 125 % 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 $531 to $665.5 during May, and June.
Based upon to the price in Encino (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $1,871,468. During February the price went through a considerable rise reaching $2,156,484. In the following two months the average price has remained the same with regard to the previous two months from $2,013,976 to $2,003,717.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 128 % 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 $2,834,219 they are 82 % more affordable than the average price for Encino. The properties with the highest average price have 1 bedroom, Their price is 38 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,817,660.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $395 / sq.feet, with an average $621 / sq.feet price in Encino. The properties with the highest average prices have 1 bedroom. They are 1157 % more expensive than the average followed by properties with 4 bedrooms with a price at $570 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $2,834,219 it is 81 % cheaper than the average price in Encino. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $1,912,618 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $367 / sq.feet followed by "Duplex" priced at $502 / sq.feet. "Apartment" is the most costly type of property with a $4,688 / sq.feet cost followed by "House" with an average price of $549 / sq.feet.