The prices in real estate in Rancho Cordova, 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 Rancho Cordova has increased during the last 6 months. In May, the average price per sq.feet was $200. In June this price pretty much remained the same at a value of $207 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $203.5 to $226.5 per sq.feet. The price per sq.feet has increased 107 % 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 $215 to $231 during September, and October.
Based upon to the price in Rancho Cordova (cities), these have remained the same in the last 6 months. In our first sample month during May, the average price is $461,353. In June This price remains at $465,680. In the following two months the average price has remained the same with regard to the previous two months from $463,516.5 to $457,703. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $460,609.75 to $433,726 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $451,764 they are 19 % more affordable than the average price for Rancho Cordova. The properties with the highest average price have 1 bedroom, Their price is 257 % more costly than the average. After that we have properties with 4 bedrooms priced at $509,287.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $208 / sq.feet, with an average $230 / sq.feet price in Rancho Cordova. The properties with the highest average prices have 1 bedroom. They are 873 % more expensive than the average followed by properties with 2 bedrooms with a price at $249 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $451,764 it is 44 % cheaper than the average price in Rancho Cordova. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial Property". At a price of $373,779 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $154 / sq.feet followed by "Townhouse" priced at $166 / sq.feet. "House" is the most costly type of property with a $232 / sq.feet cost followed by "Condo" with an average price of $211 / sq.feet.