The prices in real estate in Joshua Tree, 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 Joshua Tree has increased strongly during the last 6 months. In October, the average price per sq.feet was $198. In the following month the price per sq.feet increased to $225. In the following two months the price per sq.feet has increased 111 %, going from $211.5 to $234.5 per sq.feet. The price per sq.feet has had a considerable increase of 125 % 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 $223 to $279 during February, and March.
Based upon to the price in Joshua Tree (cities), this has gone up considerably in the last 6 months. The price in October is $249,098, rising in November till $285,840. In the following two months the average price has remained the same with regard to the previous two months from $267,469 to $279,282.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $363,745 they are 13 % more affordable than the average price for Joshua Tree. The properties with the highest average price have 3 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 4 bedrooms priced at $383,167.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $225 / sq.feet, with an average $302 / sq.feet price in Joshua Tree. The properties with the highest average prices have 1 bedroom. They are 70 % more expensive than the average followed by properties with 2 bedrooms with a price at $282 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $363,745 it is 63 % cheaper than the average price in Joshua Tree. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $136,349 it is 16 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $131 / sq.feet followed by "Apartment" priced at $138 / sq.feet. "House" is the cheapest type of property with a $238 / sq.feet value followed by "Apartment" with an average price of $138 / sq.feet.