The prices in real estate in Hopland, in the California region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Hopland has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $4,581. In the following month the price per sq.feet increased considerably to $8,170. The price for the following two months in (January, February) had a considerable decrease of 33 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 25 % 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 $4,242.75 to $1,058 during March, and April.
Based upon to the price in Hopland (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $1,286,556. During December the price went through a considerable rise reaching $1,560,933. During the following two months (January, February) the average price had a considerable increase of 158 % 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 $1,839,556.25 to $1,459,924.5, which means a 79 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,867,375 they are 81 % more affordable than the average price for Hopland. The properties with the highest average price have 2 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 4 bedrooms priced at $944,055.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $349 / sq.feet, with an average $577 / sq.feet price in Hopland. The properties with the highest average prices have 2 bedrooms. They are 337 % more expensive than the average followed by properties with 1 bedroom with a price at $499 / sq.feet.
With regard to the average price based upon the property in Hopland we can see that most expensive property type is "House" at a price of $2,199,236, they are 18 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 18 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $706 / sq.feet. "House" at an average price of $706 / sq.feet has the most expensive price and would be directed at more affluent cities.