The prices in real estate in Grover Beach, in the California region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Grover Beach has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $2,126. In the following month the price per sq.feet decreased to $2,006. The price for the following two months in (July, August) decreased 86 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 21 % 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 $1,916.5 to $396.5 during September, and October.
Based upon to the price in Grover Beach (cities), these have remained the same in the last 6 months. The average price for May is $833,286. During June the price had a considerable reduction till $523,500. During the following two months (July, August) the average price had a considerable increase of 170 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $914,712.75 to $598,413.5, which means a 65 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $616,858 they are 44 % more affordable than the average price for Grover Beach. The properties with the highest average price have 4 bedrooms, Their price is 34 % more costly than the average. After that we have properties with 3 bedrooms priced at $672,432.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $349 / sq.feet, with an average $393 / sq.feet price in Grover Beach. The properties with the highest average prices have 1 bedroom. They are 31 % more expensive than the average followed by properties with 4 bedrooms with a price at $420 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $616,858 it is 56 % cheaper than the average price in Grover Beach. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $425,487 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $233 / sq.feet followed by "Townhouse" priced at $307 / sq.feet. "House" is the most costly type of property with a $397 / sq.feet cost followed by "Duplex" with an average price of $393 / sq.feet.