The prices in real estate in Palos Verdes Peninsula, in the California region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Palos Verdes Peninsula has remained the same in the last 6 months. In January, the average price per sq.feet was $777. In February this price pretty much remained the same at a value of $798 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $787.5 to $771.5 per sq.feet. The price per sq.feet has increased 106 % 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 $779.5 to $822.5 during May, and June.
Based upon to the price in Palos Verdes Peninsula (cities), this has gone downing the last 6 months. In our first sample month during January, the average price is $2,827,282. In February This price remains at $2,690,739. During the following two months (March, April) the average price fell 89 % with regard to the previous two months. 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 $2,606,299.75 and $2,545,249 between 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 $2,719,995 they are 83 % more affordable than the average price for Palos Verdes Peninsula. The properties with the lowest average price have 4 bedrooms, Their price is 20 % cheaper than the average. After that we have properties with 3 bedrooms priced at $1,540,953.
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 $865 / sq.feet price in Palos Verdes Peninsula. The properties with the lowest average prices have 4 bedrooms. They are 8 % cheaper than the average followed by properties with 3 bedrooms with a price at $775 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $2,719,995 it is 71 % 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 $1,661,916 it is 11 % 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 $555 / sq.feet followed by "Townhouse" priced at $746 / sq.feet. "House" is the cheapest type of property with a $779 / sq.feet value followed by "Townhouse" with an average price of $746 / sq.feet.