The prices in real estate in Mammoth Lakes, 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 Mammoth Lakes has remained the same in the last 6 months. In September, the average price per sq.feet was $456. In October this price pretty much remained the same at a value of $443 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $449.5 to $467.5 per sq.feet. The price per sq.feet has increased 106 % 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 $458.5 to $484.5 during January, and February.
Based upon to the price in Mammoth Lakes (cities), this has gone up considerably in the last 6 months. The average price for September is $646,246. During October the price had a slight fall till $604,989. During the following two months (November, December) the average price had a considerable increase of 126 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $743,338 they are 53 % more affordable than the average price for Mammoth Lakes. The properties with the highest average price have 4 bedrooms, Their price is 72 % more costly than the average. After that we have properties with 3 bedrooms priced at $746,053.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $418 / sq.feet, with an average $484 / sq.feet price in Mammoth Lakes. The properties with the lowest average prices have 3 bedrooms. They are 2 % cheaper than the average followed by properties with 1 bedroom with a price at $474 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $743,338 it is 33 % cheaper than the average price in Mammoth Lakes. "Detached House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $555,335 it is 66 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $416 / sq.feet followed by "House" priced at $439 / sq.feet. "Condo" is the cheapest type of property with a $447 / sq.feet value followed by "House" with an average price of $439 / sq.feet.