The prices in real estate in Menlo Park, 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 Menlo Park has remained the same in the last 6 months. In September, the average price per sq.feet was $1,248. In October this price pretty much remained the same at a value of $1,243 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $1,245.5 to $1,186 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,215.75 to $1,223 during January y February
Based upon to the price in Menlo Park (cities), this has gone downing the last 6 months. In our first sample month during September, the average price is $2,953,970. In October This price remains at $2,834,721. During the following two months (November, December) the average price fell 85 % with regard to the previous two months. 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 $2,678,761.5 and $2,658,175 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $2,569,502 they are 48 % more affordable than the average price for Menlo Park. The properties with the highest average price have 4 bedrooms, Their price is 32 % more costly than the average. After that we have properties with 3 bedrooms priced at $2,128,796.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $1,065 / sq.feet, with an average $1,196 / sq.feet price in Menlo Park. The properties with the highest average prices have 1 bedroom. They are 86 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,303 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $2,569,502 it is 35 % cheaper than the average price in Menlo Park. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $2,466,388 it is 58 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $871 / sq.feet followed by "Condo" priced at $1,160 / sq.feet. "Detached House" is the most costly type of property with a $2,331 / sq.feet cost followed by "House" with an average price of $1,875 / sq.feet.