The prices in real estate in Redding, 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 Redding has remained the same in the last 6 months. In December, the average price per sq.feet was $177. In the following month the price per sq.feet decreased to $158. In the following two months the price per sq.feet has barely changed, going from $167.5 to $170.5 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 $169 to $181 during April, and May.
Based upon to the price in Redding (cities), this has gone up in the last 6 months. The average price for December is $304,134. During January the price had a slight fall till $271,981. During the following two months (February, March) the price has had an average incrementation from $288,057.5 to $316,861. Based on an analysis of the first four prices and the last two months the average price has risen strongly 128 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $506,643 they are 58 % more affordable than the average price for Redding. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at $306,144.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $181 / sq.feet, with an average $213 / sq.feet price in Redding. The properties with the highest average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 4 bedrooms with a price at $206 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $506,643 it is 79 % cheaper than the average price in Redding. "Detached House" is seen as the second most affordable property type. The cheapest type property is "Office" followed by "Duplex". At a price of $113,650 it is 77 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $70 / sq.feet followed by "Duplex" priced at $71 / sq.feet. "Office" is the cheapest type of property with a $81 / sq.feet value followed by "Apartment" with an average price of $75 / sq.feet.