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 October, the average price per sq.feet was $604. In the following month the price per sq.feet increased considerably to $1,086. In the following two months the price per sq.feet has barely changed, going from $845 to $837.5 per sq.feet. The price per sq.feet has had a considerable increase of 391 % 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 $841.25 to $3,285.5 during February, and March.
Based upon to the price in Occidental (cities), this has gone up in the last 6 months. The price in October is $1,338,800, rising in November till $1,510,000. In the following two months the average price has remained the same with regard to the previous two months from $1,424,400 to $1,439,444.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $1,009,833 they are 0 % more affordable than the average price for Occidental. The properties with the highest average price have 2 bedrooms, Their price is 190 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,118,607.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $502 / sq.feet, with an average $2,625 / sq.feet price in Occidental. The properties with the lowest average prices have 2 bedrooms. They are 49 % cheaper than the average followed by properties with 1 bedroom with a price at $851 / sq.feet.
With regard to the average price based upon the property in Occidental we can see that most expensive property type is "House" at a price of $1,555,957, they are 54 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 54 % more expensive 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 $638 / sq.feet. "House" with an average cost of $638 / sq.feet has the lowest price and would be directed at less affluent cities.