The prices in real estate in Pacific Grove, 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 Pacific Grove has increased during the last 6 months. In October, the average price per sq.feet was $1,029. In November this price pretty much remained the same at a value of $1,047 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $1,038 to $1,079.5 per sq.feet. 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 $1,058.75 to $1,135 during February, and March.
Based upon to the price in Pacific Grove (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $1,830,500. In November This price remains at $1,801,458. In the following two months the average price has remained the same with regard to the previous two months from $1,815,979 to $1,811,167.5. 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 $1,813,573.25 and $1,750,378 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 $1,777,838 they are 43 % more affordable than the average price for Pacific Grove. The properties with the highest average price have 4 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,740,291.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $937 / sq.feet, with an average $1,133 / sq.feet price in Pacific Grove. The properties with the highest average prices have 1 bedroom. They are 36 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,032 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,777,838 it is 5 % cheaper than the average price in Pacific Grove. "Apartment" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Apartment". At a price of $2,092,141 it is 58 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $431 / sq.feet followed by "Apartment" priced at $952 / sq.feet. "House" is the cheapest type of property with a $1,017 / sq.feet value followed by "Apartment" with an average price of $952 / sq.feet.