The prices in real estate in Newhall, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Newhall has fallen in the last 6 months. In February, the average price per sq.feet was $325. In the following month the price per sq.feet increased to $344. The price for the following two months in (April, May) had a considerable decrease of 79 with regard to the prior two months. 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 $299.5 to $287 during June y July
Based upon to the price in Newhall (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $482,455. During March the price went through a considerable rise reaching $579,323. During the following two months (April, May) the average price had a considerable increase of 176 % 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 133 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $875,875 they are 24 % more affordable than the average price for Newhall. The properties with the lowest average price have 1 bedroom, Their price is 24 % cheaper than the average. After that we have properties with 3 bedrooms priced at $661,987.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $350 / sq.feet, with an average $292 / sq.feet price in Newhall. The properties with the highest average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 3 bedrooms with a price at $350 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $875,875 it is 25 % cheaper than the average price in Newhall. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $658,022 it is 24 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $344 / sq.feet followed by "Apartment" priced at $350 / sq.feet. "Apartment" is the most costly type of property with a $350 / sq.feet cost followed by "Condo" with an average price of $344 / sq.feet.