The prices in real estate in Homeland, 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 Homeland has increased strongly during the last 6 months. In October, the average price per sq.feet was $245. In November this price pretty much remained the same at a value of $236 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $240.5 to $247 per sq.feet. The price per sq.feet has had a considerable increase of 529 % 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 $243.75 to $1,289.5 during February, and March.
Based upon to the price in Homeland (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $504,101. In November This price remains at $502,322. In the following two months the average price has remained the same with regard to the previous two months from $503,211.5 to $517,288.5. 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 $510,250 and $485,056 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $473,206 they are 49 % more affordable than the average price for Homeland. The properties with the highest average price have 4 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $424,264.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $196 / sq.feet, with an average $2,315 / sq.feet price in Homeland. The properties with the lowest average prices have 1 bedroom. They are 83 % cheaper than the average followed by properties with 3 bedrooms with a price at $247 / sq.feet.
With regard to the average price based upon the property in Homeland we can see that the cheapest property type is "House" at a price of $427,858, they are 10 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 10 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $230 / sq.feet. "House" with an average cost of $230 / sq.feet has the lowest price and would be directed at less affluent cities.