The prices in real estate in Marina, 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 Marina has increased strongly during the last 6 months. In April, the average price per sq.feet was $300. In the following month the price per sq.feet increased considerably to $365. The price for the following two months in (June, July) had a considerable increment of 118 %. The price per sq.feet has increased 112 % 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 $362.5 to $405.5 during August, and September.
Based upon to the price in Marina (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $550,933. During May the price went through a considerable rise reaching $724,056. During the following two months (June, July) the average price had a considerable increase of 121 % 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 108 % 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 $741,561 they are 45 % more affordable than the average price for Marina. The properties with the highest average price have 2 bedrooms, Their price is 377 % more costly than the average. After that we have properties with 4 bedrooms priced at $807,312.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $309 / sq.feet, with an average $405 / sq.feet price in Marina. The properties with the highest average prices have 2 bedrooms. They are 738 % more expensive than the average followed by properties with 1 bedroom with a price at $423 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $741,561 it is 18 % cheaper than the average price in Marina. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $730,067 it is 1 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $356 / sq.feet followed by "House" priced at $401 / sq.feet. "Condo" is the most costly type of property with a $668 / sq.feet cost followed by "House" with an average price of $401 / sq.feet.