The prices in real estate in Mission Viejo, 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 Viejo has increased during the last 6 months. In April, the average price per sq.feet was $361. In May this price pretty much remained the same at a value of $358 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $359.5 to $389.5 per sq.feet. The price per sq.feet has increased 110 % 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 $374.5 to $411.5 during August, and September.
Based upon to the price in Mission Viejo (cities), this has gone up considerably in the last 6 months. In our first sample month during April, the average price is $791,393. In May This price remains at $828,535. During the following two months (June, July) the average price had a considerable increase of 127 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $919,231.25 to $860,197 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $764,118 they are 58 % more affordable than the average price for Mission Viejo. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $738,303.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $394 / sq.feet, with an average $407 / sq.feet price in Mission Viejo. The properties with the highest average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at $441 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $764,118 it is 34 % cheaper than the average price in Mission Viejo. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $958,254 it is 45 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $337 / sq.feet followed by "Townhouse" priced at $348 / sq.feet. "Condo" is the most costly type of property with a $422 / sq.feet cost followed by "House" with an average price of $405 / sq.feet.