The prices in real estate in Irvine, 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 Irvine has increased strongly during the last 6 months. In November, the average price per sq.feet was $453. In the following month the price per sq.feet increased to $517. The price for the following two months in (January, February) had a considerable increment of 146 %. The price per sq.feet has had a considerable deflation of 80 % 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 $597.25 to $479.5 during March, and April.
Based upon to the price in Irvine (cities), this has gone up in the last 6 months. The price in November is $1,153,053, rising in December till $1,306,242. During the following two months (January, February) the price has had an average incrementation from $1,229,647.5 to $1,320,826.5. 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 $1,275,237 and $1,282,287.5 between March and April.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of $1,297,527 in Irvine. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % cheaper than the average price of ($479 / sq.feet) in Irvine. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Irvine we can see that the cheapest property type is "House" at a price of $1,297,527, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % 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 $479 / sq.feet. "House" with an average cost of $479 / sq.feet has the lowest price and would be directed at less affluent cities.