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 March, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $2,172. The price for the following two months in (May, June) had a considerable decrease of 14 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 24 % 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 $620.25 to $150 during July, and August.
Based upon to the price in Homeland (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is . During April the price went through a considerable rise reaching $1,023,650. During the following two months (May, June) the average price had a considerable reduction of 45 % 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 $370,519.75 to $255,612, which means a 69 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $258,492 they are 45 % more affordable than the average price for Homeland. The properties with the highest average price have 1 bedroom, Their price is 351 % more costly than the average. After that we have properties with 3 bedrooms priced at $320,703.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $108 / sq.feet, with an average $143 / sq.feet price in Homeland. The properties with the highest average prices have 1 bedroom. They are 2745 % more expensive than the average followed by properties with 3 bedrooms with a price at $179 / 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 $232,567, 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 $142 / sq.feet. "House" with an average cost of $142 / sq.feet has the lowest price and would be directed at less affluent cities.