The prices in real estate in Riverside, 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 Riverside has remained the same in the last 6 months. In December, the average price per sq.feet was $356. In January this price pretty much remained the same at a value of $345 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $350.5 to $357.5 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 $354 to $339.5 during April y May
Based upon to the price in Riverside (cities), this has gone up in the last 6 months. The price in December is $610,478, rising in January till $652,931. During the following two months (February, March) the price has had an average incrementation from $631,704.5 to $677,708. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $664,582 they are 42 % more affordable than the average price for Riverside. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $600,955.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $334 / sq.feet, with an average $322 / sq.feet price in Riverside. The properties with the highest average prices have 1 bedroom. They are 107 % more expensive than the average followed by properties with 2 bedrooms with a price at $390 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $664,582 it is 33 % cheaper than the average price in Riverside. "Office" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $507,106 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $152 / sq.feet followed by "Detached House" priced at $172 / sq.feet. "Condo" is the most costly type of property with a $383 / sq.feet cost followed by "House" with an average price of $341 / sq.feet.