The prices in real estate in Orland, 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 Orland has increased strongly during the last 6 months. In October, the average price per sq.feet was $280. In November this price pretty much remained the same at a value of $273 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 266 %. The price per sq.feet has had a considerable increase of 383 % 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 $506 to $1,938.5 during February, and March.
Based upon to the price in Orland (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $460,133. In November This price remains at $480,064. During the following two months (December, January) the price has had an average incrementation from $470,098.5 to $494,315. 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 $482,206.75 and $476,356 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $468,897 they are 18 % more affordable than the average price for Orland. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 1 bedroom priced at $484,821.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $234 / sq.feet, with an average $3,542 / sq.feet price in Orland. The properties with the lowest average prices have 3 bedrooms. They are 91 % cheaper than the average followed by properties with 1 bedroom with a price at $292 / sq.feet.
With regard to the average price based upon the property in Orland we can see that most expensive property type is "House" at a price of $520,164, they are 11 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 11 % 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 $293 / sq.feet. "House" with an average cost of $293 / sq.feet has the lowest price and would be directed at less affluent cities.