The prices in real estate in Redwood City, 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 Redwood City has remained the same in the last 6 months. In February, the average price per sq.feet was $926. In March this price pretty much remained the same at a value of $950 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $938 to $957.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $947.75 to $992 during June y July
Based upon to the price in Redwood City (cities), this has gone up in the last 6 months. The price in February is $1,660,509, rising in March till $1,745,325. In the following two months the average price has remained the same with regard to the previous two months from $1,702,917 to $1,783,167.5. 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 $1,743,042.25 and $1,762,891.5 between June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,807,361 they are 68 % more affordable than the average price for Redwood City. The properties with the highest average price have 4 bedrooms, Their price is 43 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,614,206.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $799 / sq.feet, with an average $995 / sq.feet price in Redwood City. The properties with the highest average prices have 3 bedrooms. They are 5 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,036 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,807,361 it is 45 % cheaper than the average price in Redwood City. "Office" is seen as the second most affordable property type. The dearest property type is "House" followed by "Triplex". At a price of $1,869,667 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Triplex" at an average cost of $732 / sq.feet followed by "Duplex" priced at $775 / sq.feet. "Office" is the most costly type of property with a $2,002 / sq.feet cost followed by "House" with an average price of $1,077 / sq.feet.