The prices in real estate in Grass Valley, 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 Grass Valley has increased strongly during the last 6 months. In October, the average price per sq.feet was $312. In the following month the price per sq.feet increased to $331. In the following two months the price per sq.feet has barely changed, going from $321.5 to $323 per sq.feet. The price per sq.feet has had a considerable increase of 275 % 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 $322.25 to $886 during February, and March.
Based upon to the price in Grass Valley (cities), these have remained the same in the last 6 months. The price in October is $666,623, rising in November till $705,656. In the following two months the average price has remained the same with regard to the previous two months from $686,139.5 to $668,011.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $677,075.5 and $683,962.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $660,010 they are 43 % more affordable than the average price for Grass Valley. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $652,557.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $281 / sq.feet, with an average $1,449 / sq.feet price in Grass Valley. The properties with the lowest average prices have 1 bedroom. They are 68 % cheaper than the average followed by properties with 3 bedrooms with a price at $316 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $660,010 it is 77 % cheaper than the average price in Grass Valley. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $647,515 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $115 / sq.feet followed by "Condo" priced at $119 / sq.feet. "House" is the cheapest type of property with a $323 / sq.feet value followed by "Detached House" with an average price of $306 / sq.feet.