Property prices for sale in Loma Linda (California)
The prices in real estate in Loma Linda, in the California region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Loma Linda has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $537. In the following month the price per sq.feet decreased considerably to $368. The price for the following two months in (December, January) decreased 86 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 119 % 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 $419.75 to $499.5 during February, and March.
Based upon to the price in Loma Linda (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $549,693. During November the price went through a considerable rise reaching $670,689. During the following two months (December, January) the price has had an average incrementation from $610,191 to $676,306.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $643,248.75 to $607,964.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $618,781 they are 43 % more affordable than the average price for Loma Linda. The properties with the highest average price have 4 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 3 bedrooms priced at $592,589.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $286 / sq.feet, with an average $627 / sq.feet price in Loma Linda. The properties with the lowest average prices have 1 bedroom. They are 39 % cheaper than the average followed by properties with 3 bedrooms with a price at $374 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $618,781 it is 71 % cheaper than the average price in Loma Linda. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Condo". At a price of $528,797 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $134 / sq.feet followed by "Condo" priced at $304 / sq.feet. "Apartment" is the cheapest type of property with a $350 / sq.feet value followed by "House" with an average price of $313 / sq.feet.
