The prices in real estate in Fair Oaks, 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 Fair Oaks has remained the same in the last 6 months. In October, the average price per sq.feet was $248. In November this price pretty much remained the same at a value of $252 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $250 to $238.5 per sq.feet. The price per sq.feet has decreased 93 % 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 $244.25 to $227 during February, and March.
Based upon to the price in Fair Oaks (cities), these have remained the same in the last 6 months. The price in October is $566,736, rising in November till $598,664. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $562,998.75 to $526,565.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $532,348 they are 54 % more affordable than the average price for Fair Oaks. 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 $479,821.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $217 / sq.feet, with an average $234 / sq.feet price in Fair Oaks. The properties with the highest average prices have 1 bedroom. They are 44 % more expensive than the average followed by properties with 3 bedrooms with a price at $265 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $532,348 it is 30 % cheaper than the average price in Fair Oaks. "House" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Condo". At a price of $592,247 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $88 / sq.feet followed by "Duplex" priced at $163 / sq.feet. "Townhouse" is the cheapest type of property with a $224 / sq.feet value followed by "Condo" with an average price of $223 / sq.feet.