Property prices for sale in Gilroy (California)
The prices in real estate in Gilroy, 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 Gilroy has remained the same in the last 6 months. In November, the average price per sq.feet was $530. In December this price pretty much remained the same at a value of $545 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $537.5 to $537.5 per sq.feet. The price per sq.feet has increased 107 % 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 $537.5 to $577.5 during March, and April.
Based upon to the price in Gilroy (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $1,230,376. In December This price remains at $1,233,222. In the following two months the average price has remained the same with regard to the previous two months from $1,231,799 to $1,186,180. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % 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 $1,350,210 they are 93 % more affordable than the average price for Gilroy. The properties with the lowest average price have 4 bedrooms, Their price is 3 % cheaper than the average. After that we have properties with 2 bedrooms priced at $1,061,704.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $197 / sq.feet, with an average $550 / sq.feet price in Gilroy. The properties with the highest average prices have 2 bedrooms. They are 69 % more expensive than the average followed by properties with 3 bedrooms with a price at $575 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,350,210 it is 60 % cheaper than the average price in Gilroy. "Commercial Property" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $822,676 it is 6 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $245 / sq.feet followed by "Duplex" priced at $275 / sq.feet. "Apartment" is the cheapest type of property with a $526 / sq.feet value followed by "Condo" with an average price of $456 / sq.feet.
