The prices in real estate in Morro Bay, 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 Morro Bay has remained the same in the last 6 months. In November, the average price per sq.feet was $546. In the following month the price per sq.feet decreased to $508. In the following two months the price per sq.feet has barely changed, going from $527 to $530 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 $528.5 to $538 during March y April
Based upon to the price in Morro Bay (cities), these have remained the same in the last 6 months. The average price for November is $838,556. During December the price had a slight fall till $760,749. During the following two months (January, February) the price has had an average incrementation from $799,652.5 to $852,181. 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 $825,916.75 and $860,834.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $867,373 they are 29 % more affordable than the average price for Morro Bay. The properties with the highest average price have 4 bedrooms, Their price is 77 % more costly than the average. After that we have properties with 3 bedrooms priced at $876,223.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $517 / sq.feet, with an average $540 / sq.feet price in Morro Bay. The properties with the highest average prices have 4 bedrooms. They are 16 % more expensive than the average followed by properties with 1 bedroom with a price at $611 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $867,373 it is 12 % cheaper than the average price in Morro Bay. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $765,786 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $583 / sq.feet followed by "Condo" priced at $613 / sq.feet. "Condo" is the most costly type of property with a $613 / sq.feet cost followed by "House" with an average price of $583 / sq.feet.