Property prices for sale in Ridgecrest (California)
The prices in real estate in Ridgecrest, in the California region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Ridgecrest has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $905. In the following month the price per sq.feet decreased considerably to $153. In the following two months the price per sq.feet has barely changed, going from $529 to $550 per sq.feet. The price per sq.feet has decreased 89 % 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 $539.5 to $479 during February, and March.
Based upon to the price in Ridgecrest (cities), this has gone up considerably in the last 6 months. The price in October is $230,784, rising in November till $261,474. During the following two months (December, January) the average price had a considerable increase of 128 % with regard to the previous two months. 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 $280,911.5 and $277,447.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $278,791 they are 69 % more affordable than the average price for Ridgecrest. The properties with the lowest average price have 3 bedrooms, Their price is 13 % cheaper than the average. After that we have properties with 2 bedrooms priced at $218,836.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $54 / sq.feet, with an average $797 / sq.feet price in Ridgecrest. The properties with the lowest average prices have 2 bedrooms. They are 83 % cheaper than the average followed by properties with 3 bedrooms with a price at $124 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $278,791 it is 74 % cheaper than the average price in Ridgecrest. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $73,767 it is 69 % 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 $32 / sq.feet followed by "House" priced at $54 / sq.feet. "Condo" is the cheapest type of property with a $58 / sq.feet value followed by "House" with an average price of $54 / sq.feet.
