The prices in real estate in Penryn, in the California region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Penryn has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $583. In the following month the price per sq.feet decreased considerably to $434. The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. 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 $485 to $529 during February, and March.
Based upon to the price in Penryn (cities), these have remained the same in the last 6 months. The average price for October is $1,123,417. During November the price had a considerable reduction till $893,111. During the following two months (December, January) the average price had a considerable reduction of 84 % 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 risen strongly 154 % 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 30 % cheaper than the average price of $729,115 in Penryn. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 30 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 57 % cheaper than the average price of ($227 / sq.feet) in Penryn. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 57 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Penryn we can see that the cheapest property type is "House" at a price of $642,443, they are 38 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 38 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $257 / sq.feet. "House" with an average cost of $257 / sq.feet has the lowest price and would be directed at less affluent cities.