The prices in real estate in Rowland Heights, 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 Rowland Heights has increased strongly during the last 6 months. In April, the average price per sq.feet was $244. In the following month the price per sq.feet increased to $264. The price for the following two months in (June, July) had a considerable increment of 144 %. The price per sq.feet has increased 112 % 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 $310 to $346.5 during August, and September.
Based upon to the price in Rowland Heights (cities), this has gone downing the last 6 months. The average price during our first sample month during April, is $1,433,360. During May the price went through a considerable rise reaching $1,782,057. During the following two months (June, July) the average price had a considerable reduction of 84 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,482,002.5 to $973,146.5, which means a 66 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $729,513 they are 63 % more affordable than the average price for Rowland Heights. The properties with the highest average price have 1 bedroom, Their price is 39 % more costly than the average. After that we have properties with 4 bedrooms priced at $762,140.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $305 / sq.feet, with an average $324 / sq.feet price in Rowland Heights. The properties with the highest average prices have 1 bedroom. They are 1127 % more expensive than the average followed by properties with 3 bedrooms with a price at $395 / sq.feet.
The graph displaying the average prices displays the property type "Multi Family House" as the most affordable one. At an cost of $729,513 it is 64 % cheaper than the average price in Rowland Heights. "Condo" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "Apartment". At a price of $262,595 it is 33 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Multi Family House" at an average cost of $50 / sq.feet followed by "Condo" priced at $61 / sq.feet. "Duplex" is the cheapest type of property with a $220 / sq.feet value followed by "Apartment" with an average price of $62 / sq.feet.