The prices in real estate in Mcarthur, 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 Mcarthur has increased strongly during the last 6 months. In October, the average price per sq.feet was $572. In the following month the price per sq.feet increased to $615. The price for the following two months in (December, January) had a considerable increment of 180 %. The price per sq.feet has had a considerable increase of 175 % 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 $832 to $1,453 during February, and March.
Based upon to the price in Mcarthur (cities), this has gone up considerably in the last 6 months. The price in October is $296,619, rising in November till $317,106. During the following two months (December, January) the average price had a considerable increase of 205 % 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 risen strongly 155 % 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 $930,953 they are 94 % more affordable than the average price for Mcarthur. The properties with the highest average price have 4 bedrooms, Their price is 731 % more costly than the average. After that we have properties with 3 bedrooms priced at $468,856.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $66 / sq.feet, with an average $2,295 / sq.feet price in Mcarthur. The properties with the highest average prices have 4 bedrooms. They are 47 % more expensive than the average followed by properties with 3 bedrooms with a price at $290 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $930,953 it is 62 % cheaper than the average price in Mcarthur. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $355,509 it is 235 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $191 / sq.feet followed by "Land" priced at $8,347 / sq.feet. "Land" is the most costly type of property with a $8,347 / sq.feet cost followed by "House" with an average price of $191 / sq.feet.