Property prices for sale in Rancho Mirage (California)
The prices in real estate in Rancho Mirage, in the California region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Rancho Mirage has remained the same in the last 6 months. In November, the average price per sq.feet was $693. In December this price pretty much remained the same at a value of $668 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 131 %. The price per sq.feet has had a considerable deflation of 62 % 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 $785 to $484 during March, and April.
Based upon to the price in Rancho Mirage (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $1,281,657. During December the price went through a considerable rise reaching $1,604,624. In the following two months the average price has remained the same with regard to the previous two months from $1,443,140.5 to $1,378,300. 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 $1,410,720.25 and $1,461,942 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,595,287 they are 76 % more affordable than the average price for Rancho Mirage. The properties with the highest average price have 4 bedrooms, Their price is 51 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,028,138.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $354 / sq.feet, with an average $483 / sq.feet price in Rancho Mirage. The properties with the highest average prices have 4 bedrooms. They are 29 % more expensive than the average followed by properties with 3 bedrooms with a price at $413 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,595,287 it is 71 % cheaper than the average price in Rancho Mirage. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $1,583,333 it is 27 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $263 / sq.feet followed by "Townhouse" priced at $318 / sq.feet. "Land" is the most costly type of property with a $707,114 / sq.feet cost followed by "House" with an average price of $557 / sq.feet.
