Property prices for sale in Morgan Hill (California)
The prices in real estate in Morgan Hill, 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 Morgan Hill has remained the same in the last 6 months. In July, the average price per sq.feet was $454. In August this price pretty much remained the same at a value of $465 per sq.feet. The price for the following two months in (September, October) decreased 93 % with regard to the prior two months. The price per sq.feet has increased 107 % 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 $444.5 to $473.5 during November, and December.
Based upon to the price in Morgan Hill (cities), this has gone downing the last 6 months. In our first sample month during July, the average price is $1,147,005. In August This price remains at $1,105,917. During the following two months (September, October) the average price fell 92 % 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 $1,084,151.25 and $1,103,736.5 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,056,855 they are 42 % more affordable than the average price for Morgan Hill. The properties with the highest average price have 1 bedroom, Their price is 120 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,345,400.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $483 / sq.feet, with an average $463 / sq.feet price in Morgan Hill. The properties with the highest average prices have 1 bedroom. They are 715 % more expensive than the average followed by properties with 2 bedrooms with a price at $532 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $1,056,855 it is 13 % cheaper than the average price in Morgan Hill. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $1,245,957 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $374 / sq.feet followed by "Duplex" priced at $457 / sq.feet. "House" is the most costly type of property with a $514 / sq.feet cost followed by "Condo" with an average price of $472 / sq.feet.
