The prices in real estate in North Highlands, in the California region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in North Highlands has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $148. In the following month the price per sq.feet increased considerably to $189. The price for the following two months in (April, May) had a considerable decrease of 35 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 76 % 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 $113.5 to $86.5 during June, and July.
Based upon to the price in North Highlands (cities), this has fallen considerably in the last 6 months. The price in February is $244,088, rising in March till $258,573. During the following two months (April, May) the average price had a considerable reduction of 75 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $220,241 to $166,534, which means a 76 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $188,314 they are 38 % more affordable than the average price for North Highlands. The properties with the lowest average price have 1 bedroom, Their price is 38 % cheaper than the average. After that we have properties with 3 bedrooms priced at $116,114.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $90 / sq.feet, with an average $100 / sq.feet price in North Highlands. The properties with the lowest average prices have 1 bedroom. They are 5 % cheaper than the average followed by properties with 3 bedrooms with a price at $90 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $188,314 it is 38 % cheaper than the average price in North Highlands. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $206,386 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $90 / sq.feet followed by "Townhouse" priced at $161 / sq.feet. "House" is the most costly type of property with a $190 / sq.feet cost followed by "Duplex" with an average price of $189 / sq.feet.