Property prices for sale in Panorama City (California)
The prices in real estate in Panorama City, 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 Panorama City has remained the same in the last 6 months. In October, the average price per sq.feet was $455. In the following month the price per sq.feet decreased to $414. In the following two months the price per sq.feet has barely changed, going from $434.5 to $450.5 per sq.feet. The price per sq.feet has increased 113 % 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 $442.5 to $498.5 during February, and March.
Based upon to the price in Panorama City (cities), this has gone downing the last 6 months. The average price for October is $923,503. During November the price had a slight fall till $846,922. During the following two months (December, January) the average price fell 88 % 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 91 %, going from $834,303.25 to $763,176.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $846,904 they are 53 % more affordable than the average price for Panorama City. The properties with the highest average price have 4 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $576,077.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $380 / sq.feet, with an average $483 / sq.feet price in Panorama City. The properties with the highest average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 4 bedrooms with a price at $479 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $846,904 it is 65 % cheaper than the average price in Panorama City. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $965,171 it is 44 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $202 / sq.feet followed by "Duplex" priced at $213 / sq.feet. "Detached House" is the most costly type of property with a $499 / sq.feet cost followed by "House" with an average price of $491 / sq.feet.
