Property prices for sale in Nice (California)
The prices in real estate in Nice, 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 Nice has increased strongly during the last 6 months. In October, the average price per sq.feet was $276. In the following month the price per sq.feet increased considerably to $431. In the following two months the price per sq.feet has barely changed, going from $353.5 to $357.5 per sq.feet. The price per sq.feet has had a considerable increase of 3319 % 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 $355.5 to $11,799.5 during February, and March.
Based upon to the price in Nice (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $512,914. During November the price went through a considerable rise reaching $821,659. During the following two months (December, January) the average price had a considerable increase of 187 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $958,359.75 to $895,856 in 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 $957,545 they are 87 % more affordable than the average price for Nice. The properties with the highest average price have 3 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 4 bedrooms priced at $366,243.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $174 / sq.feet, with an average $23,126 / sq.feet price in Nice. The properties with the lowest average prices have 3 bedrooms. They are 97 % cheaper than the average followed by properties with 2 bedrooms with a price at $246 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $957,545 it is 89 % cheaper than the average price in Nice. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $107,564 it is 74 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $39 / sq.feet followed by "House" priced at $220 / sq.feet. "House" is the cheapest type of property with a $220 / sq.feet value followed by "Land" with an average price of $39 / sq.feet.
