The prices in real estate in Pasadena, 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 Pasadena has increased during the last 6 months. In January, the average price per sq.feet was $580. In February this price pretty much remained the same at a value of $577 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $578.5 to $571 per sq.feet. The price per sq.feet has had a considerable increase of 128 % 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 $574.75 to $736 during May, and June.
Based upon to the price in Pasadena (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $1,189,798. During February the price went through a considerable rise reaching $1,488,218. In the following two months the average price has remained the same with regard to the previous two months from $1,339,008 to $1,350,970.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 129 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $2,001,333 they are 63 % more affordable than the average price for Pasadena. The properties with the highest average price have 4 bedrooms, Their price is 34 % more costly than the average. After that we have properties with 3 bedrooms priced at $2,221,942.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $319 / sq.feet, with an average $719 / sq.feet price in Pasadena. The properties with the highest average prices have 1 bedroom. They are 499 % more expensive than the average followed by properties with 3 bedrooms with a price at $880 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $2,001,333 it is 52 % cheaper than the average price in Pasadena. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Office". At a price of $1,111,502 it is 31 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $532 / sq.feet followed by "Office" priced at $572 / sq.feet. "House" is the cheapest type of property with a $699 / sq.feet value followed by "Condo" with an average price of $696 / sq.feet.