The prices in real estate in Fontana, in the California region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Fontana has increased during the last 6 months. In July, the average price per sq.feet was $218. In August this price pretty much remained the same at a value of $219 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $218.5 to $219.5 per sq.feet. The price per sq.feet has increased 112 % 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 $219 to $245.5 during November, and December.
Based upon to the price in Fontana (cities), this has gone downing the last 6 months. In our first sample month during July, the average price is $520,441. In August This price remains at $521,037. During the following two months (September, October) the average price had a considerable reduction of 83 % 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 95 %, going from $476,040.5 to $449,948 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $472,596 they are 44 % more affordable than the average price for Fontana. The properties with the highest average price have 4 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $407,869.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $240 / sq.feet, with an average $252 / sq.feet price in Fontana. The properties with the highest average prices have 2 bedrooms. They are 41 % more expensive than the average followed by properties with 1 bedroom with a price at $320 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $472,596 it is 17 % cheaper than the average price in Fontana. "House" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "Townhouse". At a price of $472,289 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Mobile Home" at an average cost of $159 / sq.feet followed by "Duplex" priced at $192 / sq.feet. "Townhouse" is the most costly type of property with a $440 / sq.feet cost followed by "Condo" with an average price of $248 / sq.feet.