Property prices for sale in Pacific Palisades (California)
The prices in real estate in Pacific Palisades, 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 Palisades has increased during the last 6 months. In January, the average price per sq.feet was $1,205. In the following month the price per sq.feet increased to $1,381. In the following two months the price per sq.feet has increased 108 %, going from $1,293 to $1,395 per sq.feet. The price per sq.feet has had a considerable deflation of 85 % 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 $1,344 to $1,139 during May, and June.
Based upon to the price in Pacific Palisades (cities), these have remained the same in the last 6 months. The price in January is $4,466,021, rising in February till $4,745,544. In the following two months the average price has remained the same with regard to the previous two months from $4,605,782.5 to $4,806,420. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $4,706,101 to $4,184,355.5 in May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $4,188,012 they are 80 % more affordable than the average price for Pacific Palisades. The properties with the lowest average price have 4 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 3 bedrooms priced at $3,063,675.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $843 / sq.feet, with an average $1,107 / sq.feet price in Pacific Palisades. The properties with the highest average prices have 4 bedrooms. They are 10 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,117 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $4,188,012 it is 99 % cheaper than the average price in Pacific Palisades. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial Property" followed by "House". At a price of $5,082,662 it is 37 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $11 / sq.feet followed by "Townhouse" priced at $786 / sq.feet. "House" is the most costly type of property with a $1,249 / sq.feet cost followed by "Commercial Property" with an average price of $947 / sq.feet.
