The prices in real estate in Orland, in the California region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Orland has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $3,542. In the following month the price per sq.feet decreased considerably to $297. The price for the following two months in (May, June) had a considerable decrease of 70 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 21 % 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 $1,627.25 to $345.5 during July, and August.
Based upon to the price in Orland (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is $468,897. In April This price remains at $459,292. During the following two months (May, June) the average price had a considerable increase of 118 % 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 gone up 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $492,333 they are 23 % more affordable than the average price for Orland. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 1 bedroom priced at $482,400.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $229 / sq.feet, with an average $304 / sq.feet price in Orland. The properties with the lowest average prices have 3 bedrooms. They are 0 % cheaper than the average followed by properties with 1 bedroom with a price at $287 / 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 $517,565, they are 5 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 5 % 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 $288 / sq.feet. "House" with an average cost of $288 / sq.feet has the lowest price and would be directed at less affluent cities.