The prices in real estate in Monrovia, in the California region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Monrovia has remained the same in the last 6 months. In October, the average price per sq.feet was $600. In November this price pretty much remained the same at a value of $607 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $603.5 to $605.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $604.5 to $634.5 during February y March
Based upon to the price in Monrovia (cities), this has gone up in the last 6 months. The price in October is $1,123,884, rising in November till $1,243,408. During the following two months (December, January) the price has had an average incrementation from $1,183,646 to $1,322,273. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $1,252,959.5 to $1,126,268.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,112,732 they are 35 % more affordable than the average price for Monrovia. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,042,919.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $436 / sq.feet, with an average $654 / sq.feet price in Monrovia. The properties with the highest average prices have 2 bedrooms. They are 11 % more expensive than the average followed by properties with 3 bedrooms with a price at $679 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,112,732 it is 37 % cheaper than the average price in Monrovia. "Farm" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $1,137,979 it is 40 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $470 / sq.feet followed by "Duplex" priced at $507 / sq.feet. "House" is the most costly type of property with a $655 / sq.feet cost followed by "Condo" with an average price of $623 / sq.feet.