Property prices for sale in Monterey Park (California)
The prices in real estate in Monterey Park, 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 Monterey Park has increased during the last 6 months. In October, the average price per sq.feet was $553. In November this price pretty much remained the same at a value of $565 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $559 to $569.5 per sq.feet. The price per sq.feet has increased 108 % 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 $564.25 to $612 during February, and March.
Based upon to the price in Monterey Park (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $954,609. In November This price remains at $928,488. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $915,926 and $904,608 between 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 $939,682 they are 38 % more affordable than the average price for Monterey Park. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 3 bedrooms priced at $907,756.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $536 / sq.feet, with an average $618 / sq.feet price in Monterey Park. The properties with the highest average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 2 bedrooms with a price at $652 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $939,682 it is 57 % cheaper than the average price in Monterey Park. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $726,464 it is 12 % 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 $397 / sq.feet followed by "House" priced at $604 / sq.feet. "Apartment" is the most costly type of property with a $664 / sq.feet cost followed by "Condo" with an average price of $641 / sq.feet.
