The prices in real estate in Rialto, in the California region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Rialto has increased during the last 6 months. In April, the average price per sq.feet was $162. In May this price pretty much remained the same at a value of $163 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $162.5 to $160.5 per sq.feet. The price per sq.feet has had a considerable increase of 130 % 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 $161.5 to $209.5 during August, and September.
Based upon to the price in Rialto (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $309,318. During May the price went through a considerable rise reaching $431,065. During the following two months (June, July) the price has had an average incrementation from $370,191.5 to $391,844.5. 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 $381,018 and $366,457 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $360,560 they are 22 % more affordable than the average price for Rialto. The properties with the highest average price have 1 bedroom, Their price is 13 % more costly than the average. After that we have properties with 4 bedrooms priced at $385,989.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $197 / sq.feet, with an average $230 / sq.feet price in Rialto. The properties with the highest average prices have 1 bedroom. They are 89 % more expensive than the average followed by properties with 3 bedrooms with a price at $245 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $360,560 it is 39 % cheaper than the average price in Rialto. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $360,594 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $164 / sq.feet followed by "Townhouse" priced at $170 / sq.feet. "House" is the cheapest type of property with a $227 / sq.feet value followed by "Condo" with an average price of $200 / sq.feet.