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 February, the average price per sq.feet was $194. In the following month the price per sq.feet increased to $207. In the following two months the price per sq.feet has barely changed, going from $200.5 to $200 per sq.feet. The price per sq.feet has increased 106 % 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 $200.25 to $212 during June, and July.
Based upon to the price in Rancho Cordova (cities), this has gone up in the last 6 months. The price in February is $399,052, rising in March till $419,758. During the following two months (April, May) the price has had an average incrementation from $409,405 to $453,642.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 18 % cheaper than the average price of $398,992 in Rancho Cordova. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 18 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 6 % cheaper than the average price of ($205 / sq.feet) in Rancho Cordova. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 6 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $484,121 it is 24 % cheaper than the average price in Rancho Cordova. "House" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $379,059 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $157 / sq.feet followed by "Condo" priced at $168 / sq.feet. "Apartment" is the cheapest type of property with a $205 / sq.feet value followed by "House" with an average price of $192 / sq.feet.