Property prices for sale in Loomis (California)
The prices in real estate in Loomis, 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 Loomis has increased strongly during the last 6 months. In October, the average price per sq.feet was $573. In the following month the price per sq.feet decreased to $508. In the following two months the price per sq.feet has barely changed, going from $540.5 to $514 per sq.feet. The price per sq.feet has had a considerable increase of 356 % 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 $527.25 to $1,879 during February, and March.
Based upon to the price in Loomis (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $1,935,040. In November This price remains at $1,994,471. In the following two months the average price has remained the same with regard to the previous two months from $1,964,755.5 to $1,995,569. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $1,980,162.25 to $1,837,484 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 $1,854,757 they are 79 % more affordable than the average price for Loomis. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 2 bedrooms priced at $969,574.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $377 / sq.feet, with an average $3,277 / sq.feet price in Loomis. The properties with the lowest average prices have 3 bedrooms. They are 85 % cheaper than the average followed by properties with 4 bedrooms with a price at $459 / sq.feet.
With regard to the average price based upon the property in Loomis we can see that the cheapest property type is "House" at a price of $1,500,051, they are 19 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 19 % 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 $498 / sq.feet. "House" with an average cost of $498 / sq.feet has the lowest price and would be directed at less affluent cities.
