The prices in real estate in Oceano, 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 Oceano has increased strongly during the last 6 months. In November, the average price per sq.feet was $507. In the following month the price per sq.feet increased to $571. In the following two months the price per sq.feet has barely changed, going from $539 to $541 per sq.feet. The price per sq.feet has had a considerable increase of 134 % 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 $540 to $725 during March, and April.
Based upon to the price in Oceano (cities), this has gone up considerably in the last 6 months. The average price for November is $768,686. During December the price had a slight fall till $688,565. During the following two months (January, February) the average price had a considerable increase of 124 % 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 risen strongly 133 % 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 $1,064,706 they are 67 % more affordable than the average price for Oceano. The properties with the highest average price have 4 bedrooms, Their price is 145 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,140,889.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $570 / sq.feet, with an average $708 / sq.feet price in Oceano. The properties with the highest average prices have 4 bedrooms. They are 29 % more expensive than the average followed by properties with 3 bedrooms with a price at $722 / sq.feet.
With regard to the average price based upon the property in Oceano we can see that most expensive property type is "House" at a price of $1,438,483, they are 35 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 35 % 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 $707 / sq.feet. "House" with an average cost of $707 / sq.feet has the lowest price and would be directed at less affluent cities.