Property prices for sale in Mendocino (California)
The prices in real estate in Mendocino, in the California region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Mendocino has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $9,325. In November this price pretty much remained the same at a value of $9,007 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 45 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 79 % 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 $6,622.5 to $5,204.5 during February, and March.
Based upon to the price in Mendocino (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $1,476,846. In November This price remains at $1,523,741. In the following two months the average price has remained the same with regard to the previous two months from $1,500,293.5 to $1,461,278. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,480,785.75 and $1,462,829 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,412,500 they are 15 % more affordable than the average price for Mendocino. The properties with the highest average price have 3 bedrooms, Their price is 70 % more costly than the average. After that we have properties with 1 bedroom priced at $1,936,297.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $405 / sq.feet, with an average $9,843 / sq.feet price in Mendocino. The properties with the lowest average prices have 1 bedroom. They are 91 % cheaper than the average followed by properties with 3 bedrooms with a price at $669 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,412,500 it is 44 % cheaper than the average price in Mendocino. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $798,054 it is 16 % 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 $280 / sq.feet followed by "House" priced at $639 / sq.feet. "House" is the cheapest type of property with a $639 / sq.feet value followed by "Apartment" with an average price of $280 / sq.feet.
