The prices in real estate in Escalon, 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 Escalon has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $241. In the following month the price per sq.feet decreased to $224. The price for the following two months in (March, April) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has had a considerable increase of 142 % 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 $174.5 to $247.5 during May, and June.
Based upon to the price in Escalon (cities), this has fallen considerably in the last 6 months. The average price for January is $532,537. During February the price had a slight fall till $481,019. During the following two months (March, April) the average price had a considerable reduction of 50 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 133 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $521,096 they are 8 % more affordable than the average price for Escalon. The properties with the highest average price have 2 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 1 bedroom priced at $478,208.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $203 / sq.feet, with an average $254 / sq.feet price in Escalon. The properties with the lowest average prices have 2 bedrooms. They are 7 % cheaper than the average followed by properties with 1 bedroom with a price at $203 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $521,096 it is 57 % cheaper than the average price in Escalon. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $221,548 it is 2 % 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 $175 / sq.feet followed by "House" priced at $237 / sq.feet. "House" is the cheapest type of property with a $237 / sq.feet value followed by "Apartment" with an average price of $175 / sq.feet.