The prices in real estate in Northridge, in the California region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Northridge has remained the same in the last 6 months. In May, the average price per sq.feet was $327. In June this price pretty much remained the same at a value of $319 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $323 to $328 per sq.feet. The price per sq.feet has decreased 93 % 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 $325.5 to $302 during September, and October.
Based upon to the price in Northridge (cities), this has gone up considerably in the last 6 months. The average price for May is $600,589. During June the price had a slight fall till $526,554. During the following two months (July, August) the average price had a considerable increase of 139 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 122 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $827,814 they are 46 % more affordable than the average price for Northridge. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at $626,207.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $299 / sq.feet, with an average $304 / sq.feet price in Northridge. The properties with the highest average prices have 1 bedroom. They are 329 % more expensive than the average followed by properties with 3 bedrooms with a price at $375 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $827,814 it is 26 % cheaper than the average price in Northridge. "Condo" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "Townhouse". At a price of $618,175 it is 11 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Commercial" at an average cost of $308 / sq.feet followed by "Condo" priced at $317 / sq.feet. "Apartment" is the most costly type of property with a $346 / sq.feet cost followed by "House" with an average price of $333 / sq.feet.