The prices in real estate in Hemet, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Hemet has fallen in the last 6 months. In January, the average price per sq.feet was $186. In the following month the price per sq.feet decreased to $164. In the following two months the price per sq.feet has increased 107 %, going from $175 to $186.5 per sq.feet. The price per sq.feet has decreased 85 % 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 $180.75 to $154 during May, and June.
Based upon to the price in Hemet (cities), this has gone up in the last 6 months. In our first sample month during January, the average price is $242,076. In February This price remains at $249,707. During the following two months (March, April) the price has had an average incrementation from $245,891.5 to $264,810.5. 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 $255,351 and $252,725 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $249,148 they are 59 % more affordable than the average price for Hemet. 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 $280,310.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $129 / sq.feet, with an average $148 / sq.feet price in Hemet. The properties with the highest average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 3 bedrooms with a price at $163 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $249,148 it is 17 % cheaper than the average price in Hemet. "Land" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $311,421 it is 186 % 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 $133 / sq.feet followed by "House" priced at $157 / sq.feet. "Farm" is the most costly type of property with a $32,933 / sq.feet cost followed by "Duplex" with an average price of $230 / sq.feet.