The prices in real estate in Huntington Beach, 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 Huntington Beach has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $1,618. In the following month the price per sq.feet decreased considerably to $1,139. The price for the following two months in (June, July) had a considerable decrease of 43 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 52 % 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 $988.5 to $510 during August, and September.
Based upon to the price in Huntington Beach (cities), this has gone up considerably in the last 6 months. The price in April is $834,050, rising in May till $888,008. During the following two months (June, July) the average price had a considerable increase of 117 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $996,280 they are 60 % more affordable than the average price for Huntington Beach. The properties with the highest average price have 4 bedrooms, Their price is 33 % more costly than the average. After that we have properties with 3 bedrooms priced at $935,996.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $460 / sq.feet, with an average $512 / sq.feet price in Huntington Beach. The properties with the highest average prices have 1 bedroom. They are 9 % more expensive than the average followed by properties with 4 bedrooms with a price at $533 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $996,280 it is 66 % cheaper than the average price in Huntington Beach. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $835,055 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $210 / sq.feet followed by "Townhouse" priced at $269 / sq.feet. "House" is the cheapest type of property with a $473 / sq.feet value followed by "Condo" with an average price of $412 / sq.feet.