The prices in real estate in Los Altos, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Los Altos has fallen in the last 6 months. In July, the average price per sq.feet was $1,339. In August this price pretty much remained the same at a value of $1,377 per sq.feet. The price for the following two months in (September, October) decreased 91 % with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $1,299.5 to $1,200.5 during November, and December.
Based upon to the price in Los Altos (cities), this has gone downing the last 6 months. The average price for July is $3,581,773. During August the price had a slight fall till $3,194,923. In the following two months the average price has remained the same with regard to the previous two months from $3,388,348 to $3,400,698.5. 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 $3,394,523.25 and $3,489,319.5 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $3,277,160 they are 13 % more affordable than the average price for Los Altos. The properties with the highest average price have 1 bedroom, Their price is 47 % more costly than the average. After that we have properties with 4 bedrooms priced at $4,438,321.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $1,338 / sq.feet, with an average $1,188 / sq.feet price in Los Altos. The properties with the highest average prices have 2 bedrooms. They are 775 % more expensive than the average followed by properties with 1 bedroom with a price at $7,193 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $3,277,160 it is 26 % cheaper than the average price in Los Altos. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $3,722,767 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $4,037 / sq.feet followed by "Land" priced at $6,269 / sq.feet. "Duplex" is the most costly type of property with a $16,439 / sq.feet cost followed by "Townhouse" with an average price of $10,377 / sq.feet.