The prices in real estate in Kings Beach, 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 Kings Beach has increased strongly during the last 6 months. In May, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $439. The price for the following two months in (July, August) had a considerable increment of 243 %. The price per sq.feet has had a considerable increase of 134 % 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 $376.5 to $504 during September, and October.
Based upon to the price in Kings Beach (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is . During June the price went through a considerable rise reaching $736,100. During the following two months (July, August) the average price had a considerable increase of 258 % 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 risen strongly 133 % 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 $849,490 they are 24 % more affordable than the average price for Kings Beach. The properties with the highest average price have 4 bedrooms, Their price is 119 % more costly than the average. After that we have properties with 3 bedrooms priced at $940,933.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $449 / sq.feet, with an average $516 / sq.feet price in Kings Beach. The properties with the highest average prices have 4 bedrooms. They are 47 % more expensive than the average followed by properties with 1 bedroom with a price at $701 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $849,490 it is 8 % cheaper than the average price in Kings Beach. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $879,414 it is 31 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $510 / sq.feet followed by "House" priced at $566 / sq.feet. "Land" is the most costly type of property with a $2,759 / sq.feet cost followed by "House" with an average price of $566 / sq.feet.