The prices in real estate in San Diego, 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 San Diego has increased strongly during the last 6 months. In April, the average price per sq.feet was $476. In May this price pretty much remained the same at a value of $497 per sq.feet. In the following two months the price per sq.feet has increased 111 %, going from $486.5 to $538.5 per sq.feet. The price per sq.feet has had a considerable increase of 136 % 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 $512.5 to $699.5 during August, and September.
Based upon to the price in San Diego (cities), this has gone up in the last 6 months. The price in April is $852,606, rising in May till $923,460. During the following two months (June, July) the price has had an average incrementation from $888,033 to $944,722.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $916,377.75 to $846,462.5 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $809,699 they are 50 % more affordable than the average price for San Diego. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at $721,928.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $401 / sq.feet, with an average $555 / sq.feet price in San Diego. The properties with the highest average prices have 1 bedroom. They are 52 % more expensive than the average followed by properties with 2 bedrooms with a price at $585 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $809,699 it is 25 % cheaper than the average price in San Diego. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $948,827 it is 163 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $461 / sq.feet followed by "Townhouse" priced at $467 / sq.feet. "Detached House" is the most costly type of property with a $862 / sq.feet cost followed by "Apartment" with an average price of $604 / sq.feet.