The prices in real estate in Middletown, 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 Middletown has increased strongly during the last 6 months. In September, the average price per sq.feet was $356. In the following month the price per sq.feet increased to $378. The price for the following two months in (November, December) had a considerable increment of 556 %. The price per sq.feet has had a considerable deflation of 29 % 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 $1,204.25 to $355 during January, and February.
Based upon to the price in Middletown (cities), this has gone up in the last 6 months. In our first sample month during September, the average price is $598,115. In October This price remains at $625,747. During the following two months (November, December) the average price fell 91 % 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 124 % 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 $790,732 they are 51 % more affordable than the average price for Middletown. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $819,574.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $346 / sq.feet, with an average $333 / sq.feet price in Middletown. The properties with the highest average prices have 1 bedroom. They are 73 % more expensive than the average followed by properties with 2 bedrooms with a price at $369 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $790,732 it is 27 % cheaper than the average price in Middletown. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $577,908 it is 17 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $362 / sq.feet followed by "Detached House" priced at $488 / sq.feet. "Detached House" is the most costly type of property with a $488 / sq.feet cost followed by "House" with an average price of $362 / sq.feet.