The prices in real estate in Kenwood, 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 Kenwood has increased strongly during the last 6 months. In October, the average price per sq.feet was $949. In the following month the price per sq.feet increased to $1,073. The price for the following two months in (December, January) had a considerable increment of 2698 %. The price per sq.feet has had a considerable deflation of 84 % 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 $14,142 to $11,909 during February, and March.
Based upon to the price in Kenwood (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $3,802,571. In November This price remains at $3,981,889. During the following two months (December, January) the average price fell 89 % 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 114 % 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 $4,071,000 they are 86 % more affordable than the average price for Kenwood. The properties with the lowest average price have 1 bedroom, Their price is 55 % cheaper than the average. After that we have properties with 4 bedrooms priced at $1,479,960.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $396 / sq.feet, with an average $1,080 / sq.feet price in Kenwood. The properties with the highest average prices have 1 bedroom. They are 42 % more expensive than the average followed by properties with 4 bedrooms with a price at $506 / sq.feet.
With regard to the average price based upon the property in Kenwood we can see that the cheapest property type is "House" at a price of $775,649, they are 81 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 81 % 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 $420 / sq.feet. "House" with an average cost of $420 / sq.feet has the lowest price and would be directed at less affluent cities.