The prices in real estate in Granite Bay, in the California region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Granite Bay has increased strongly during the last 6 months. In March, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $731. The price for the following two months in (May, June) had a considerable decrease of 83 with regard to the prior two months. The price per sq.feet has decreased 90 % 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 $335 to $303 during July, and August.
Based upon to the price in Granite Bay (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is . During April the price went through a considerable rise reaching $1,194,437. During the following two months (May, June) the average price had a considerable increase of 171 % 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 138 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $1,116,990 they are 1 % more expensive than the average price for Granite Bay. Following this ranking we find those properties with 1 at an average price of $1,542,525. The properties with the highest average price have 1 bedroom, Their price is 38 % more costly than the average. After that we have properties with 2 bedrooms priced at $1,133,469.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $364 / sq.feet, with an average $303 / sq.feet price in Granite Bay. The properties with the highest average prices have 1 bedroom. They are 899 % more expensive than the average followed by properties with 2 bedrooms with a price at $364 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,116,990 it is 54 % cheaper than the average price in Granite Bay. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $512,955 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $70 / sq.feet followed by "House" priced at $364 / sq.feet. "House" is the most costly type of property with a $364 / sq.feet cost followed by "Apartment" with an average price of $70 / sq.feet.