The prices in real estate in Fairfield, 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 Fairfield has remained the same in the last 6 months. In August, the average price per sq.feet was $231. In the following month the price per sq.feet increased to $257. In the following two months the price per sq.feet has barely changed, going from $244 to $238.5 per sq.feet. The price per sq.feet has decreased 94 % 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 $241.25 to $226 during December, and January.
Based upon to the price in Fairfield (cities), this has gone up in the last 6 months. The average price during our first sample month during August, is $477,379. During September the price went through a considerable rise reaching $622,479. In the following two months the average price has remained the same with regard to the previous two months from $549,929 to $537,344.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $543,636.75 to $479,082 in December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $485,114 they are 7 % more affordable than the average price for Fairfield. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 1 bedroom priced at $487,104.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $241 / sq.feet, with an average $211 / sq.feet price in Fairfield. The properties with the highest average prices have 3 bedrooms. They are 31 % more expensive than the average followed by properties with 4 bedrooms with a price at $246 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $485,114 it is 0 % more expensive than the average price in Fairfield. "Townhouse" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Townhouse". At a price of $533,967 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Townhouse" at an average cost of $230 / sq.feet followed by "Apartment" priced at $237 / sq.feet. "House" is the most costly type of property with a $240 / sq.feet cost followed by "Apartment" with an average price of $237 / sq.feet.