The prices in real estate in Morongo Valley, in the California region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Morongo Valley has increased strongly during the last 6 months. In June, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to . The price for the following two months in (August, September) had a considerable increment of 2147483647 %. The price per sq.feet has had a considerable increase of 557 % 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 $33.5 to $186.5 during October, and November.
Based upon to the price in Morongo Valley (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is . During July the price went through a considerable rise reaching . During the following two months (August, September) the average price had a considerable increase of 2147483647 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 470 % 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 $203,653 they are 78 % more affordable than the average price for Morongo Valley. The properties with the highest average price have 3 bedrooms, Their price is 61 % more costly than the average. After that we have properties with 2 bedrooms priced at $220,687.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $76 / sq.feet, with an average $166 / sq.feet price in Morongo Valley. The properties with the highest average prices have 3 bedrooms. They are 17 % more expensive than the average followed by properties with 2 bedrooms with a price at $183 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $203,653 it is 58 % cheaper than the average price in Morongo Valley. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $85,107 it is 22 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $88 / sq.feet followed by "Apartment" priced at $101 / sq.feet. "Apartment" is the cheapest type of property with a $101 / sq.feet value followed by "House" with an average price of $88 / sq.feet.