The prices in real estate in Eureka, 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 Eureka has increased strongly during the last 6 months. In December, the average price per sq.feet was $207. In the following month the price per sq.feet increased to $222. In the following two months the price per sq.feet has barely changed, going from $214.5 to $214 per sq.feet. The price per sq.feet has had a considerable increase of 551 % 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 $214.25 to $1,180.5 during April, and May.
Based upon to the price in Eureka (cities), this has fallen considerably in the last 6 months. The average price for December is $353,340. During January the price had a slight fall till $325,363. During the following two months (February, March) the average price fell 94 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $329,425.25 to $264,302, which means a 80 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $210,448 they are 8 % more expensive than the average price for Eureka. Following this ranking we find those properties with 1 at an average price of $363,099. The properties with the highest average price have 1 bedroom, Their price is 73 % more costly than the average. After that we have properties with 4 bedrooms priced at $227,084.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $200 / sq.feet, with an average $2,145 / sq.feet price in Eureka. The properties with the lowest average prices have 4 bedrooms. They are 70 % cheaper than the average followed by properties with 1 bedroom with a price at $200 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most costly one. At an cost of $210,448 it is 8 % more expensive than the average price in Eureka. "Apartment" is seen as the second dearest property type. The dearest property type is "Detached House" followed by "Duplex". At a price of $230,576 it is 54 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $218 / sq.feet followed by "Duplex" priced at $258 / sq.feet. "Apartment" is the cheapest type of property with a $651 / sq.feet value followed by "Townhouse" with an average price of $650 / sq.feet.