Property prices for sale in North Hollywood (California)
The prices in real estate in North Hollywood, 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 North Hollywood has fallen in the last 6 months. In March, the average price per sq.feet was $678. In the following month the price per sq.feet decreased to $636. In the following two months the price per sq.feet has barely changed, going from $657 to $631 per sq.feet. 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 $644 to $647.5 during July y August
Based upon to the price in North Hollywood (cities), this has gone downing the last 6 months. In our first sample month during March, the average price is $1,483,415. In April This price remains at $1,527,429. During the following two months (May, June) the average price fell 87 % 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 $1,406,517 to $1,171,648, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,142,567 they are 70 % more affordable than the average price for North Hollywood. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $938,485.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $577 / sq.feet, with an average $658 / sq.feet price in North Hollywood. The properties with the highest average prices have 2 bedrooms. They are 19 % more expensive than the average followed by properties with 4 bedrooms with a price at $743 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,142,567 it is 58 % cheaper than the average price in North Hollywood. "Office" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $1,067,188 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $279 / sq.feet followed by "Duplex" priced at $298 / sq.feet. "House" is the most costly type of property with a $710 / sq.feet cost followed by "Condo" with an average price of $436 / sq.feet.
