The prices in real estate in Monte Rio, 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 Monte Rio has remained the same in the last 6 months. In November, the average price per sq.feet was $439. In the following month the price per sq.feet decreased to $402. The price for the following two months in (January, February) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 126 % 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 $404 to $511 during March, and April.
Based upon to the price in Monte Rio (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $517,400. In December This price remains at $498,858. During the following two months (January, February) the price has had an average incrementation from $508,129 to $541,590.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 137 % 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 $718,111 they are 44 % more affordable than the average price for Monte Rio. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 3 bedrooms priced at $801,101.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $488 / sq.feet, with an average $519 / sq.feet price in Monte Rio. The properties with the highest average prices have 4 bedrooms. They are 163 % more expensive than the average followed by properties with 1 bedroom with a price at $866 / sq.feet.
With regard to the average price based upon the property in Monte Rio we can see that most expensive property type is "House" at a price of $1,068,085, they are 49 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 49 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $1,365 / sq.feet. "House" at an average price of $1,365 / sq.feet has the most expensive price and would be directed at more affluent cities.