The prices in real estate in Hermosa Beach, in the California region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Hermosa Beach has increased during the last 6 months. In February, the average price per sq.feet was $1,170. In March this price pretty much remained the same at a value of $1,193 per sq.feet. The price for the following two months in (April, May) had a considerable increment of 119 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,294.75 to $1,238.5 during June y July
Based upon to the price in Hermosa Beach (cities), this has gone up in the last 6 months. In our first sample month during February, the average price is $3,085,231. In March This price remains at $3,163,846. During the following two months (April, May) the price has had an average incrementation from $3,124,538.5 to $3,450,978.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $3,773,769 they are 82 % more affordable than the average price for Hermosa Beach. The properties with the lowest average price have 4 bedrooms, Their price is 25 % cheaper than the average. After that we have properties with 3 bedrooms priced at $1,725,163.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $868 / sq.feet, with an average $1,279 / sq.feet price in Hermosa Beach. The properties with the lowest average prices have 1 bedroom. They are 5 % cheaper than the average followed by properties with 2 bedrooms with a price at $1,100 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $3,773,769 it is 55 % cheaper than the average price in Hermosa Beach. "Triplex" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Duplex". At a price of $2,276,790 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $846 / sq.feet followed by "Triplex" priced at $1,108 / sq.feet. "Condo" is the most costly type of property with a $9,831 / sq.feet cost followed by "Duplex" with an average price of $1,114 / sq.feet.