The prices in real estate in Orange, in the California region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Orange has increased during the last 6 months. In March, the average price per sq.feet was $350. In April this price pretty much remained the same at a value of $349 per sq.feet. The price for the following two months in (May, June) had a considerable increment of 115 %. The price per sq.feet has increased 107 % 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 $375.75 to $402.5 during July, and August.
Based upon to the price in Orange (cities), this has gone up considerably in the last 6 months. The price in March is $786,518, rising in April till $892,025. During the following two months (May, June) the average price had a considerable increase of 143 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,021,170.5 and $1,051,203.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,048,480 they are 63 % more affordable than the average price for Orange. The properties with the highest average price have 3 bedrooms, Their price is 44 % more costly than the average. After that we have properties with 1 bedroom priced at $1,244,667.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $272 / sq.feet, with an average $397 / sq.feet price in Orange. The properties with the highest average prices have 3 bedrooms. They are 192 % more expensive than the average followed by properties with 1 bedroom with a price at $459 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $1,048,480 it is 44 % cheaper than the average price in Orange. "Office" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $840,100 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $377 / sq.feet followed by "House" priced at $428 / sq.feet. "Duplex" is the most costly type of property with a $1,069 / sq.feet cost followed by "Townhouse" with an average price of $820 / sq.feet.