The prices in real estate in Morongo Valley, 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 Morongo Valley has remained the same in the last 6 months. In March, the average price per sq.feet was $288. In April this price pretty much remained the same at a value of $293 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $290.5 to $316 per sq.feet. The price per sq.feet has decreased 91 % 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 $303.25 to $275.5 during July, and August.
Based upon to the price in Morongo Valley (cities), this has fallen considerably in the last 6 months. The average price for March is $457,130. During April the price had a considerable reduction till $377,636. During the following two months (May, June) the average price fell 89 % 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 $394,189.75 and $390,496.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $375,884 they are 20 % more affordable than the average price for Morongo Valley. The properties with the highest average price have 3 bedrooms, Their price is 48 % more costly than the average. After that we have properties with 4 bedrooms priced at $510,769.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $293 / sq.feet, with an average $290 / sq.feet price in Morongo Valley. The properties with the highest average prices have 1 bedroom. They are 36 % more expensive than the average followed by properties with 3 bedrooms with a price at $332 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $375,884 it is 78 % cheaper than the average price in Morongo Valley. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $81,586 it is 15 % 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 $46 / sq.feet followed by "House" priced at $284 / sq.feet. "House" is the cheapest type of property with a $284 / sq.feet value followed by "Apartment" with an average price of $46 / sq.feet.