The prices in real estate in North Hills, 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 North Hills has increased strongly during the last 6 months. In March, the average price per sq.feet was $401. In the following month the price per sq.feet increased considerably to $774. The price for the following two months in (May, June) had a considerable increment of 152 %. 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 $740.25 to $705.5 during July y August
Based upon to the price in North Hills (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $874,024. During April the price went through a considerable rise reaching $1,746,281. During the following two months (May, June) the average price had a considerable increase of 151 % with regard to the previous two months. 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 $1,642,010.75 and $1,671,177.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,610,563 they are 79 % more affordable than the average price for North Hills. The properties with the lowest average price have 1 bedroom, Their price is 30 % cheaper than the average. After that we have properties with 4 bedrooms priced at $694,781.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $302 / sq.feet, with an average $622 / sq.feet price in North Hills. The properties with the highest average prices have 1 bedroom. They are 565 % more expensive than the average followed by properties with 3 bedrooms with a price at $329 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,610,563 it is 57 % cheaper than the average price in North Hills. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Duplex". At a price of $687,550 it is 50 % 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 $243 / sq.feet followed by "Duplex" priced at $252 / sq.feet. "Townhouse" is the cheapest type of property with a $279 / sq.feet value followed by "Condo" with an average price of $278 / sq.feet.