The prices in real estate in Oak View, 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 Oak View has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $849. In the following month the price per sq.feet decreased considerably to $695. The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. 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 $736 to $731.5 during February y March
Based upon to the price in Oak View (cities), these have remained the same in the last 6 months. The average price for October is $1,227,571. During November the price had a slight fall till $1,138,565. During the following two months (December, January) the average price fell 94 % 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 gone up 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,233,577 they are 34 % more affordable than the average price for Oak View. The properties with the highest average price have 3 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,371,731.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $620 / sq.feet, with an average $724 / sq.feet price in Oak View. The properties with the highest average prices have 1 bedroom. They are 81 % more expensive than the average followed by properties with 2 bedrooms with a price at $800 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $1,233,577 it is 15 % cheaper than the average price in Oak View. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $1,053,469 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Detached House" at an average cost of $731 / sq.feet followed by "House" priced at $742 / sq.feet. "House" is the most costly type of property with a $742 / sq.feet cost followed by "Detached House" with an average price of $731 / sq.feet.