The prices in real estate in Highland, 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 Highland has increased strongly during the last 6 months. In July, the average price per sq.feet was $178. In the following month the price per sq.feet increased considerably to $619. The price for the following two months in (September, October) had a considerable decrease of 50 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 71 % 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 $299.5 to $213.5 during November, and December.
Based upon to the price in Highland (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $349,985. During August the price went through a considerable rise reaching $1,136,332. During the following two months (September, October) the average price had a considerable reduction of 49 % 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 $552,778.75 to $357,039.5, which means a 65 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $358,300 they are 60 % more affordable than the average price for Highland. The properties with the highest average price have 1 bedroom, Their price is 22 % more costly than the average. After that we have properties with 4 bedrooms priced at $429,630.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $130 / sq.feet, with an average $222 / sq.feet price in Highland. The properties with the highest average prices have 1 bedroom. They are 154 % more expensive than the average followed by properties with 3 bedrooms with a price at $270 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $358,300 it is 49 % cheaper than the average price in Highland. "Mobile Home" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $329,577 it is 0 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Mobile Home" at an average cost of $134 / sq.feet followed by "Townhouse" priced at $145 / sq.feet. "House" is the cheapest type of property with a $213 / sq.feet value followed by "Condo" with an average price of $163 / sq.feet.