The prices in real estate in Magalia, 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 Magalia has increased strongly during the last 6 months. In November, the average price per sq.feet was $139. In the following month the price per sq.feet increased to $151. In the following two months the price per sq.feet has increased 112 %, going from $145 to $162.5 per sq.feet. The price per sq.feet has increased 107 % 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 $153.75 to $164.5 during March, and April.
Based upon to the price in Magalia (cities), this has gone up in the last 6 months. The price in November is $228,178, rising in December till $242,519. In the following two months the average price has remained the same with regard to the previous two months from $235,348.5 to $246,696.5. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 4 % cheaper than the average price of $233,816 in Magalia. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 4 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 4 % cheaper than the average price of ($156 / sq.feet) in Magalia. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 4 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $243,454 it is 61 % cheaper than the average price in Magalia. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $94,850 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $90 / sq.feet followed by "House" priced at $156 / sq.feet. "House" is the cheapest type of property with a $156 / sq.feet value followed by "Apartment" with an average price of $90 / sq.feet.