The prices in real estate in Mission Hills, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Mission Hills has fallen in the last 6 months. In November, the average price per sq.feet was $332. In December this price pretty much remained the same at a value of $333 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 80 with regard to the prior two months. The price per sq.feet has had a considerable increase of 116 % 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 $300 to $348.5 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 $1,711,374. During December the price had a slight fall till $1,611,208. During the following two months (January, February) the average price had a considerable reduction of 72 % 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 156 % 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 $2,172,073 they are 73 % more affordable than the average price for Mission Hills. The properties with the lowest average price have 1 bedroom, Their price is 72 % cheaper than the average. After that we have properties with 2 bedrooms priced at $593,329.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $360 / sq.feet, with an average $349 / sq.feet price in Mission Hills. The properties with the highest average prices have 2 bedrooms. They are 6 % more expensive than the average followed by properties with 1 bedroom with a price at $360 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $2,172,073 it is 73 % 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 $593,329 it is 66 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Apartment" at an average cost of $369 / sq.feet followed by "Townhouse" priced at $3,778 / sq.feet. "Townhouse" is the most costly type of property with a $3,778 / sq.feet cost followed by "Apartment" with an average price of $369 / sq.feet.