The prices in real estate in Rialto, 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.
The price per sq.feet in Rialto has increased strongly during the last 6 months. In January, the average price per sq.feet was $139. In the following month the price per sq.feet increased considerably to $171. In the following two months the price per sq.feet has increased 110 %, going from $155 to $171 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 $163 to $164 during May y June
Based upon to the price in Rialto (cities), this has gone up considerably in the last 6 months. The price in January is $314,640, rising in February till $331,915. In the following two months the average price has remained the same with regard to the previous two months from $323,277.5 to $318,671. Based on an analysis of the first four prices and the last two months the average price has risen strongly 132 % 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 $414,472 they are 41 % more affordable than the average price for Rialto. The properties with the lowest average price have 4 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 1 bedroom priced at $393,742.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $204 / sq.feet, with an average $165 / sq.feet price in Rialto. The properties with the highest average prices have 2 bedrooms. They are 55 % more expensive than the average followed by properties with 3 bedrooms with a price at $233 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $414,472 it is 33 % cheaper than the average price in Rialto. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $393,577 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Commercial Property" at an average cost of $167 / sq.feet followed by "Townhouse" priced at $173 / sq.feet. "Apartment" is the most costly type of property with a $203 / sq.feet cost followed by "House" with an average price of $183 / sq.feet.