The prices in real estate in Occidental, 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 Occidental has increased strongly during the last 6 months. In December, the average price per sq.feet was $633. In the following month the price per sq.feet increased considerably to $752. In the following two months the price per sq.feet has barely changed, going from $692.5 to $717 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 $704.75 to $733 during April y May
Based upon to the price in Occidental (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during December, is $1,207,365. During January the price went through a considerable rise reaching $1,521,415. During the following two months (February, March) the price has had an average incrementation from $1,364,390 to $1,548,149.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 131 % 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 $2,773,750 they are 74 % more affordable than the average price for Occidental. The properties with the lowest average price have 2 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 4 bedrooms priced at $1,075,099.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $412 / sq.feet, with an average $952 / sq.feet price in Occidental. The properties with the highest average prices have 2 bedrooms. They are 1 % more expensive than the average followed by properties with 3 bedrooms with a price at $555 / sq.feet.
With regard to the average price based upon the property in Occidental we can see that the cheapest property type is "House" at a price of $1,193,731, they are 57 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 57 % 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 $586 / sq.feet. "House" with an average cost of $586 / sq.feet has the lowest price and would be directed at less affluent cities.