The prices in real estate in Paradise, in the California region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Paradise has increased strongly during the last 6 months. In November, the average price per sq.feet was $173. In the following month the price per sq.feet increased to $189. In the following two months the price per sq.feet has increased 111 %, going from $181 to $201.5 per sq.feet. The price per sq.feet has increased 109 % 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 $191.25 to $208.5 during March, and April.
Based upon to the price in Paradise (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $261,262. During December the price went through a considerable rise reaching $348,275. During the following two months (January, February) the average price had a considerable increase of 127 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 1 % cheaper than the average price of $378,340 in Paradise. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 1 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 4 % cheaper than the average price of ($197 / sq.feet) in Paradise. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 4 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $381,278 it is 62 % cheaper than the average price in Paradise. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $176,224 it is 1 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $130 / sq.feet followed by "Farm" priced at $132 / sq.feet. "House" is the cheapest type of property with a $197 / sq.feet value followed by "Duplex" with an average price of $143 / sq.feet.