The prices in real estate in Fresno, 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 Fresno has remained the same in the last 6 months. In April, the average price per sq.feet was $169. In May this price pretty much remained the same at a value of $172 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 118 %. The price per sq.feet has had a considerable deflation of 82 % 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 $185.5 to $153 during August, and September.
Based upon to the price in Fresno (cities), this has gone downing the last 6 months. In our first sample month during April, the average price is $340,558. In May This price remains at $328,709. During the following two months (June, July) 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 87 %, going from $322,358 to $280,093 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $276,994 they are 72 % more affordable than the average price for Fresno. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 3 bedrooms priced at $241,432.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $107 / sq.feet, with an average $152 / sq.feet price in Fresno. The properties with the highest average prices have 4 bedrooms. They are 3 % more expensive than the average followed by properties with 3 bedrooms with a price at $149 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $276,994 it is 9 % more expensive than the average price in Fresno. "Farm" is seen as the second dearest property type. The dearest property type is "Commercial" followed by "Farm". At a price of $320,341 it is 27 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $155 / sq.feet followed by "Commercial" priced at $160 / sq.feet. "Farm" is the most costly type of property with a $166 / sq.feet cost followed by "Commercial" with an average price of $160 / sq.feet.