The prices in real estate in Mountain View, 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 Mountain View has increased strongly during the last 6 months. In April, the average price per sq.feet was $931. In the following month the price per sq.feet increased considerably to $2,688. The price for the following two months in (June, July) had a considerable decrease of 59 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 68 % 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 $1,439.75 to $985 during August, and September.
Based upon to the price in Mountain View (cities), these have remained the same in the last 6 months. The price in April is $1,685,338, rising in May till $1,784,143. In the following two months the average price has remained the same with regard to the previous two months from $1,734,740.5 to $1,721,606.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 85 %, going from $1,728,173.5 to $1,472,519.5 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,381,782 they are 22 % more affordable than the average price for Mountain View. The properties with the highest average price have 4 bedrooms, Their price is 40 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,619,261.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $902 / sq.feet, with an average $946 / sq.feet price in Mountain View. The properties with the highest average prices have 3 bedrooms. They are 8 % more expensive than the average followed by properties with 4 bedrooms with a price at $966 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $1,381,782 it is 25 % cheaper than the average price in Mountain View. "Duplex" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $1,409,514 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $918 / sq.feet followed by "Condo" priced at $925 / sq.feet. "Duplex" is the most costly type of property with a $1,360 / sq.feet cost followed by "Office" with an average price of $1,350 / sq.feet.