The prices in real estate in Mission Hills, in the California region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Mission Hills has increased during the last 6 months. In November, the average price per sq.feet was $318. In December this price pretty much remained the same at a value of $312 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $315 to $330 per sq.feet. The price per sq.feet has increased 115 % 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 $322.5 to $370 during March, and April.
Based upon to the price in Mission Hills (cities), these have remained the same in the last 6 months. The average price for November is $847,370. During December the price had a considerable reduction till $705,613. During the following two months (January, February) the price has had an average incrementation from $776,491.5 to $829,692. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $817,160 they are 28 % more affordable than the average price for Mission Hills. The properties with the lowest average price have 1 bedroom, Their price is 26 % cheaper than the average. After that we have properties with 2 bedrooms priced at $586,242.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $348 / sq.feet, with an average $385 / sq.feet price in Mission Hills. The properties with the lowest average prices have 2 bedrooms. They are 7 % cheaper than the average followed by properties with 1 bedroom with a price at $348 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $817,160 it is 28 % cheaper than the average price in Mission Hills. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Apartment". At a price of $586,242 it is 11 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $357 / sq.feet followed by "Townhouse" priced at $3,730 / sq.feet. "Townhouse" is the most costly type of property with a $3,730 / sq.feet cost followed by "Apartment" with an average price of $357 / sq.feet.