Property prices for sale in Portola Valley (California)
The prices in real estate in Portola Valley, 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 Portola Valley has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,339. In the following month the price per sq.feet increased to $1,495. The price for the following two months in (December, January) had a considerable increment of 120 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,555.75 to $1,595.5 during February y March
Based upon to the price in Portola Valley (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $5,909,727. In November This price remains at $5,701,103. In the following two months the average price has remained the same with regard to the previous two months from $5,805,415 to $6,038,810. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $5,922,112.5 and $5,947,405 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $5,634,073 they are 63 % more affordable than the average price for Portola Valley. The properties with the highest average price have 1 bedroom, Their price is 39 % more costly than the average. After that we have properties with 4 bedrooms priced at $5,193,135.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $1,516 / sq.feet, with an average $1,658 / sq.feet price in Portola Valley. The properties with the highest average prices have 1 bedroom. They are 98 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,717 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $5,634,073 it is 19 % cheaper than the average price in Portola Valley. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $4,574,112 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $1,409 / sq.feet followed by "Land" priced at $4,360 / sq.feet. "Land" is the most costly type of property with a $4,360 / sq.feet cost followed by "House" with an average price of $1,409 / sq.feet.
