The prices in real estate in Mammoth Lakes, in the California region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Mammoth Lakes has increased during the last 6 months. In September, the average price per sq.feet was $407. In October this price pretty much remained the same at a value of $409 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $408 to $411 per sq.feet. The price per sq.feet has had a considerable increase of 115 % 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 $409.5 to $471 during January, and February.
Based upon to the price in Mammoth Lakes (cities), this has gone up in the last 6 months. The price in September is $573,006, rising in October till $602,896. In the following two months the average price has remained the same with regard to the previous two months from $587,951 to $612,491. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $662,956 they are 47 % more affordable than the average price for Mammoth Lakes. The properties with the highest average price have 4 bedrooms, Their price is 96 % more costly than the average. After that we have properties with 3 bedrooms priced at $898,946.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $435 / sq.feet, with an average $459 / sq.feet price in Mammoth Lakes. The properties with the highest average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $504 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $662,956 it is 15 % cheaper than the average price in Mammoth Lakes. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $562,049 it is 82 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $428 / sq.feet followed by "House" priced at $17,250 / sq.feet. "House" is the most costly type of property with a $17,250 / sq.feet cost followed by "Apartment" with an average price of $428 / sq.feet.