The prices in real estate in Hacienda Heights, 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 Hacienda Heights has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $724. In the following month the price per sq.feet decreased considerably to $379. The price for the following two months in (April, May) had a considerable decrease of 68 with regard to the prior two months. 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 $463.25 to $379 during June, and July.
Based upon to the price in Hacienda Heights (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $512,896. During March the price went through a considerable rise reaching $653,456. In the following two months the average price has remained the same with regard to the previous two months from $583,176 to $569,400.5. 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 $576,288.25 and $602,586.5 between June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $684,543 they are 60 % more affordable than the average price for Hacienda Heights. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $601,380.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $345 / sq.feet, with an average $368 / sq.feet price in Hacienda Heights. The properties with the highest average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 3 bedrooms with a price at $408 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $684,543 it is 47 % cheaper than the average price in Hacienda Heights. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $359,812 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Apartment" at an average cost of $381 / sq.feet followed by "Townhouse" priced at $393 / sq.feet. "Condo" is the most costly type of property with a $394 / sq.feet cost followed by "Townhouse" with an average price of $393 / sq.feet.