Property prices for sale in Millbrae (California)
The prices in real estate in Millbrae, 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 Millbrae has increased strongly during the last 6 months. In October, the average price per sq.feet was $737. In the following month the price per sq.feet decreased to $665. The price for the following two months in (December, January) had a considerable increment of 135 %. The price per sq.feet has had a considerable increase of 122 % 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 $824.25 to $1,004.5 during February, and March.
Based upon to the price in Millbrae (cities), this has gone up considerably in the last 6 months. The average price for October is $1,201,172. During November the price had a slight fall till $1,091,751. During the following two months (December, January) the average price had a considerable increase of 136 % 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 133 % 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 $1,756,026 they are 75 % more affordable than the average price for Millbrae. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,660,436.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $526 / sq.feet, with an average $990 / sq.feet price in Millbrae. The properties with the highest average prices have 3 bedrooms. They are 8 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,003 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,756,026 it is 39 % cheaper than the average price in Millbrae. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Townhouse". At a price of $1,403,145 it is 10 % 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 $840 / sq.feet followed by "Apartment" priced at $1,019 / sq.feet. "Townhouse" is the most costly type of property with a $2,351 / sq.feet cost followed by "Apartment" with an average price of $1,019 / sq.feet.
