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 June, the average price per sq.feet was $1,051. In the following month the price per sq.feet decreased to $982. In the following two months the price per sq.feet has barely changed, going from $1,016.5 to $1,027 per sq.feet. The price per sq.feet has increased 105 % 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 $1,021.75 to $1,075 during October, and November.
Based upon to the price in Palos Verdes Peninsula (cities), this has gone up considerably in the last 6 months. In our first sample month during June, the average price is $3,164,225. In July This price remains at $3,242,364. During the following two months (August, September) the price has had an average incrementation from $3,203,294.5 to $3,559,965.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $3,908,784 they are 87 % more affordable than the average price for Palos Verdes Peninsula. The properties with the lowest average price have 4 bedrooms, Their price is 44 % cheaper than the average. After that we have properties with 3 bedrooms priced at $1,651,135.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $625 / sq.feet, with an average $1,075 / sq.feet price in Palos Verdes Peninsula. The properties with the lowest average prices have 3 bedrooms. They are 23 % cheaper than the average followed by properties with 4 bedrooms with a price at $798 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $3,908,784 it is 77 % 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 $1,614,376 it is 42 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $582 / sq.feet followed by "Townhouse" priced at $717 / sq.feet. "House" is the cheapest type of property with a $797 / sq.feet value followed by "Townhouse" with an average price of $717 / sq.feet.