The prices in real estate in San Francisco, 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 San Francisco has remained the same in the last 6 months. In June, the average price per sq.feet was $1,202. In the following month the price per sq.feet increased considerably to $1,974. The price for the following two months in (August, September) had a considerable decrease of 64 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 77 % 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 $1,302 to $998.5 during October, and November.
Based upon to the price in San Francisco (cities), these have remained the same in the last 6 months. In our first sample month during June, the average price is $1,519,073. In July This price remains at $1,528,943. In the following two months the average price has remained the same with regard to the previous two months from $1,524,008 to $1,479,338.5. 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 $1,501,673.25 and $1,505,000 between October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,740,689 they are 44 % more affordable than the average price for San Francisco. The properties with the highest average price have 4 bedrooms, Their price is 88 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,838,075.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $988 / sq.feet, with an average $995 / sq.feet price in San Francisco. The properties with the highest average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,089 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,740,689 it is 46 % cheaper than the average price in San Francisco. "Duplex" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $2,606,489 it is 85 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $817 / sq.feet followed by "House" priced at $1,022 / sq.feet. "Office" is the most costly type of property with a $5,350 / sq.feet cost followed by "Duplex" with an average price of $4,995 / sq.feet.