The prices in real estate in Palos Verdes Peninsula, 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 Palos Verdes Peninsula has increased during the last 6 months. In February, the average price per sq.feet was $1,000. In the following month the price per sq.feet increased to $1,082. In the following two months the price per sq.feet has barely changed, going from $1,041 to $1,082.5 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 $1,061.75 to $1,018.5 during June y July
Based upon to the price in Palos Verdes Peninsula (cities), this has gone up in the last 6 months. In our first sample month during February, the average price is $3,524,917. In March This price remains at $3,685,625. During the following two months (April, May) the average price had a considerable increase of 125 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $4,061,511.25 to $3,731,085.5 in June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $3,574,377 they are 86 % more affordable than the average price for Palos Verdes Peninsula. The properties with the lowest average price have 4 bedrooms, Their price is 38 % cheaper than the average. After that we have properties with 3 bedrooms priced at $1,669,413.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $636 / sq.feet, with an average $1,037 / sq.feet price in Palos Verdes Peninsula. The properties with the lowest average prices have 3 bedrooms. They are 19 % cheaper than the average followed by properties with 4 bedrooms with a price at $809 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $3,574,377 it is 75 % cheaper than the average price in Palos Verdes Peninsula. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $1,640,434 it is 36 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $593 / sq.feet followed by "Townhouse" priced at $733 / sq.feet. "House" is the cheapest type of property with a $808 / sq.feet value followed by "Townhouse" with an average price of $733 / sq.feet.