Property prices for sale in Nevada City (California)
The prices in real estate in Nevada City, 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 Nevada City has increased strongly during the last 6 months. In October, the average price per sq.feet was $332. In November this price pretty much remained the same at a value of $326 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $329 to $346 per sq.feet. The price per sq.feet has had a considerable increase of 926 % 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 $337.5 to $3,126 during February, and March.
Based upon to the price in Nevada City (cities), these have remained the same in the last 6 months. The average price for October is $801,685. During November the price had a slight fall till $736,725. In the following two months the average price has remained the same with regard to the previous two months from $769,205 to $798,688. 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 $783,946.5 and $758,015.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $644,293 they are 15 % more affordable than the average price for Nevada City. The properties with the highest average price have 4 bedrooms, Their price is 112 % more costly than the average. After that we have properties with 3 bedrooms priced at $777,336.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $312 / sq.feet, with an average $5,846 / sq.feet price in Nevada City. The properties with the lowest average prices have 1 bedroom. They are 90 % cheaper than the average followed by properties with 2 bedrooms with a price at $425 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $644,293 it is 98 % cheaper than the average price in Nevada City. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $205,185 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $7 / sq.feet followed by "House" priced at $330 / sq.feet. "Land" is the most costly type of property with a $25,341 / sq.feet cost followed by "House" with an average price of $330 / sq.feet.
