The prices in real estate in King City, 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 King City has increased strongly during the last 6 months. In October, the average price per sq.feet was $368. In the following month the price per sq.feet increased considerably to $6,207. The price for the following two months in (December, January) had a considerable decrease of 19 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 33 % 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 $1,949.25 to $649 during February, and March.
Based upon to the price in King City (cities), this has gone up considerably in the last 6 months. The average price for October is $490,524. During November the price had a slight fall till $446,976. During the following two months (December, January) the price has had an average incrementation from $468,750 to $535,100.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 131 % 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 $601,422 they are 56 % more affordable than the average price for King City. The properties with the lowest average price have 3 bedrooms, Their price is 15 % cheaper than the average. After that we have properties with 4 bedrooms priced at $328,414.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $161 / sq.feet, with an average $385 / sq.feet price in King City. The properties with the lowest average prices have 1 bedroom. They are 42 % cheaper than the average followed by properties with 3 bedrooms with a price at $213 / sq.feet.
With regard to the average price based upon the property in King City we can see that the cheapest property type is "House" at a price of $328,414, they are 45 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 45 % 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 $178 / sq.feet. "House" with an average cost of $178 / sq.feet has the lowest price and would be directed at less affluent cities.