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 November, the average price per sq.feet was $1,068. In the following month the price per sq.feet increased to $1,175. In the following two months the price per sq.feet has barely changed, going from $1,121.5 to $1,171.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,146.5 to $1,118.5 during March y April
Based upon to the price in Pacific Palisades (cities), this has gone up in the last 6 months. The price in November is $3,737,854, rising in December till $3,945,700. During the following two months (January, February) the price has had an average incrementation from $3,841,777 to $4,321,682.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $4,081,729.75 to $3,826,167.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $3,933,734 they are 83 % more affordable than the average price for Pacific Palisades. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 3 bedrooms priced at $2,349,533.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $914 / sq.feet, with an average $1,147 / sq.feet price in Pacific Palisades. The properties with the highest average prices have 4 bedrooms. They are 2 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,107 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $3,933,734 it is 55 % 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 $4,869,998 it is 48 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $810 / sq.feet followed by "Commercial Property" priced at $961 / sq.feet. "House" is the most costly type of property with a $1,249 / sq.feet cost followed by "Condo" with an average price of $962 / sq.feet.