The prices in real estate in Monterey Park, 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 Monterey Park has remained the same in the last 6 months. In February, the average price per sq.feet was $416. In the following month the price per sq.feet increased to $441. In the following two months the price per sq.feet has barely changed, going from $428.5 to $430.5 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 $429.5 to $419.5 during June y July
Based upon to the price in Monterey Park (cities), this has gone up in the last 6 months. The price in February is $594,329, rising in March till $681,802. In the following two months the average price has remained the same with regard to the previous two months from $638,065.5 to $627,586. 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 $632,825.75 and $637,163.5 between June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $669,358 they are 5 % more expensive than the average price for Monterey Park. Following this ranking we find those properties with 2 at an average price of $713,763. The properties with the highest average price have 2 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 1 bedroom priced at $700,603.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $423 / sq.feet, with an average $431 / sq.feet price in Monterey Park. The properties with the lowest average prices have 1 bedroom. They are 1 % cheaper than the average followed by properties with 2 bedrooms with a price at $423 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $669,358 it is 37 % cheaper than the average price in Monterey Park. "Condo" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Condo". At a price of $424,881 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $423 / sq.feet followed by "Townhouse" priced at $453 / sq.feet. "Condo" is the most costly type of property with a $454 / sq.feet cost followed by "Townhouse" with an average price of $453 / sq.feet.