The prices in real estate in Norco, in the California region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Norco has increased during the last 6 months. In September, the average price per sq.feet was $410. In the following month the price per sq.feet increased to $455. In the following two months the price per sq.feet has barely changed, going from $432.5 to $447.5 per sq.feet. The price per sq.feet has increased 106 % 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 $440 to $467 during January, and February.
Based upon to the price in Norco (cities), this has gone up in the last 6 months. In our first sample month during September, the average price is $888,961. In October This price remains at $918,094. During the following two months (November, December) the price has had an average incrementation from $903,527.5 to $1,011,067.5. 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 $957,297.5 and $967,005.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $919,178 they are 38 % more affordable than the average price for Norco. The properties with the highest average price have 2 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 4 bedrooms priced at $817,380.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $354 / sq.feet, with an average $467 / sq.feet price in Norco. The properties with the highest average prices have 2 bedrooms. They are 123 % more expensive than the average followed by properties with 1 bedroom with a price at $732 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $919,178 it is 25 % cheaper than the average price in Norco. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $691,278 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $209 / sq.feet followed by "House" priced at $430 / sq.feet. "House" is the cheapest type of property with a $430 / sq.feet value followed by "Apartment" with an average price of $209 / sq.feet.