The prices in real estate in Playa Del Rey, 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 Playa Del Rey has increased strongly during the last 6 months. In April, the average price per sq.feet was $890. In the following month the price per sq.feet increased considerably to $1,987. The price for the following two months in (June, July) had a considerable decrease of 60 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 76 % 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 $1,148 to $870.5 during August, and September.
Based upon to the price in Playa Del Rey (cities), this has gone up in the last 6 months. The average price during our first sample month during April, is $2,161,508. During May the price went through a considerable rise reaching $3,905,289. During the following two months (June, July) the average price had a considerable reduction of 77 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $2,680,833.75 to $1,830,329.5, which means a 68 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,826,188 they are 47 % more affordable than the average price for Playa Del Rey. The properties with the highest average price have 4 bedrooms, Their price is 39 % more costly than the average. After that we have properties with 3 bedrooms priced at $2,037,210.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $1,003 / sq.feet, with an average $981 / sq.feet price in Playa Del Rey. The properties with the highest average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,069 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $1,826,188 it is 51 % cheaper than the average price in Playa Del Rey. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $2,049,850 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $646 / sq.feet followed by "Townhouse" priced at $688 / sq.feet. "House" is the most costly type of property with a $1,113 / sq.feet cost followed by "Condo" with an average price of $780 / sq.feet.