The prices in real estate in Long Beach, in the California region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Long Beach has remained the same in the last 6 months. In December, the average price per sq.feet was $582. In January this price pretty much remained the same at a value of $563 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $572.5 to $613 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $592.75 to $588 during April y May
Based upon to the price in Long Beach (cities), this has gone up in the last 6 months. The average price during our first sample month during December, is $863,151. During January the price went through a considerable rise reaching $1,016,950. In the following two months the average price has remained the same with regard to the previous two months from $940,050.5 to $942,373.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $941,212 and $946,866.5 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $953,171 they are 45 % more affordable than the average price for Long Beach. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,033,474.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $568 / sq.feet, with an average $570 / sq.feet price in Long Beach. The properties with the highest average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 3 bedrooms with a price at $641 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $953,171 it is 59 % cheaper than the average price in Long Beach. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $1,208,055 it is 34 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Townhouse" at an average cost of $575 / sq.feet followed by "Detached House" priced at $594 / sq.feet. "Condo" is the most costly type of property with a $630 / sq.feet cost followed by "Apartment" with an average price of $606 / sq.feet.