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 August, the average price per sq.feet was $439. In September this price pretty much remained the same at a value of $445 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $442 to $449 per sq.feet. The price per sq.feet has had a considerable increase of 162 % 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 $445.5 to $723.5 during December, and January.
Based upon to the price in Irvine (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during August, is $1,057,192. During September the price went through a considerable rise reaching $1,218,782. In the following two months the average price has remained the same with regard to the previous two months from $1,137,987 to $1,177,649.5. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.
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 $1,309,155 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 ($930 / 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 $1,309,155, 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 $930 / sq.feet. "House" with an average cost of $930 / sq.feet has the lowest price and would be directed at less affluent cities.