Property prices for sale in Oakland (California)
The prices in real estate in Oakland, 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 Oakland has remained the same in the last 6 months. In March, the average price per sq.feet was $551. In April this price pretty much remained the same at a value of $567 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $559 to $567.5 per sq.feet. The price per sq.feet has decreased 92 % 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 $563.25 to $518.5 during July, and August.
Based upon to the price in Oakland (cities), these have remained the same in the last 6 months. The average price for March is $937,369. During April the price had a slight fall till $879,415. During the following two months (May, June) the price has had an average incrementation from $908,392 to $955,279.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $931,835.75 to $862,440.5 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $885,519 they are 50 % more affordable than the average price for Oakland. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $863,752.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $507 / sq.feet, with an average $506 / sq.feet price in Oakland. The properties with the highest average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $558 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $885,519 it is 70 % cheaper than the average price in Oakland. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $960,977 it is 70 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $333 / sq.feet followed by "Duplex" priced at $342 / sq.feet. "Land" is the most costly type of property with a $249,669 / sq.feet cost followed by "Townhouse" with an average price of $588 / sq.feet.
