The prices in real estate in Playa Del Rey, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Playa Del Rey has fallen in the last 6 months. In October, the average price per sq.feet was $965. In the following month the price per sq.feet decreased to $905. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has decreased 93 % 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 $904.75 to $845 during February, and March.
Based upon to the price in Playa Del Rey (cities), this has gone downing the last 6 months. The average price for October is $2,040,484. During November the price had a slight fall till $1,777,710. During the following two months (December, January) the average price fell 95 % 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 90 %, going from $1,857,158 to $1,663,600.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,626,523 they are 66 % more affordable than the average price for Playa Del Rey. The properties with the highest average price have 4 bedrooms, Their price is 73 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,941,408.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $710 / sq.feet, with an average $854 / sq.feet price in Playa Del Rey. The properties with the highest average prices have 3 bedrooms. They are 25 % more expensive than the average followed by properties with 4 bedrooms with a price at $921 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $1,626,523 it is 46 % 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 $1,957,447 it is 64 % 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 $640 / sq.feet followed by "Condo" priced at $790 / sq.feet. "House" is the most costly type of property with a $1,169 / sq.feet cost followed by "Townhouse" with an average price of $947 / sq.feet.