Property prices for sale in Rancho Mirage (California)

The prices in real estate in Rancho Mirage, 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.

$1,368,281.5
Average price last 6 months
$695
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Rancho Mirage has increased strongly during the last 6 months. In October, the average price per sq.feet was $545. In the following month the price per sq.feet increased considerably to $693. The price for the following two months in (December, January) had a considerable increment of 158 %. The price per sq.feet has had a considerable deflation of 61 % 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 $798.75 to $487.5 during February, and March.

Average price

Based upon to the price in Rancho Mirage (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $1,238,211. In November This price remains at $1,281,657. During the following two months (December, January) the price has had an average incrementation from $1,259,934 to $1,442,880. 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 $1,351,407 and $1,402,030.5 between February and March.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,328,597 they are 74 % more affordable than the average price for Rancho Mirage. The properties with the highest average price have 4 bedrooms, Their price is 84 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,099,384.

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 $485 / sq.feet price in Rancho Mirage. The properties with the highest average prices have 4 bedrooms. They are 392 % more expensive than the average followed by properties with 3 bedrooms with a price at $413 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,328,597 it is 54 % cheaper than the average price in Rancho Mirage. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $1,907,189 it is 159 % 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 $287 / sq.feet followed by "Townhouse" priced at $323 / sq.feet. "Land" is the most costly type of property with a $651,109 / sq.feet cost followed by "House" with an average price of $2,511 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Rancho Mirage
Number of properties used in region California
$1,328,597
$485
5,568
1,270,206
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value