The prices in real estate in Fountain Valley, 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 Fountain Valley has remained the same in the last 6 months. In January, the average price per sq.feet was $358. In February this price pretty much remained the same at a value of $366 per sq.feet. The price for the following two months in (March, April) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has had a considerable increase of 127 % 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 $329.25 to $417.5 during May, and June.
Based upon to the price in Fountain Valley (cities), this has gone downing the last 6 months. In our first sample month during January, the average price is $736,336. In February This price remains at $736,351. During the following two months (March, April) the average price had a considerable reduction of 77 % 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 120 % 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 $748,352 they are 57 % more affordable than the average price for Fountain Valley. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 3 bedrooms priced at $490,526.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $317 / sq.feet, with an average $408 / sq.feet price in Fountain Valley. The properties with the highest average prices have 1 bedroom. They are 26 % more expensive than the average followed by properties with 4 bedrooms with a price at $411 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $748,352 it is 85 % cheaper than the average price in Fountain Valley. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Office" followed by "Apartment". At a price of $132,790 it is 79 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $55 / sq.feet followed by "Apartment" priced at $76 / sq.feet. "Apartment" is the cheapest type of property with a $76 / sq.feet value followed by "Condo" with an average price of $55 / sq.feet.