The prices in real estate in Nuevo, 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 Nuevo has increased strongly during the last 6 months. In October, the average price per sq.feet was $290. In November this price pretty much remained the same at a value of $291 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 160 %. The price per sq.feet has had a considerable increase of 1871 % 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 $378.25 to $7,077.5 during February, and March.
Based upon to the price in Nuevo (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $514,061. In November This price remains at $513,456. During the following two months (December, January) the price has had an average incrementation from $513,758.5 to $546,365.5. 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 $530,062 and $552,612 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 33 % cheaper than the average price of $365,397 in Nuevo. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 33 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 99 % cheaper than the average price of ($132 / sq.feet) in Nuevo. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 99 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Nuevo we can see that the cheapest property type is "House" at a price of $297,920, they are 45 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 45 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $125 / sq.feet. "House" with an average cost of $125 / sq.feet has the lowest price and would be directed at less affluent cities.