Property prices for sale in San Francisco (California)
The prices in real estate in San Francisco, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in San Francisco has fallen in the last 6 months. In March, the average price per sq.feet was $1,039. In the following month the price per sq.feet decreased to $948. In the following two months the price per sq.feet has barely changed, going from $993.5 to $972.5 per sq.feet. The price per sq.feet has decreased 90 % 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 $983 to $881.5 during July, and August.
Based upon to the price in San Francisco (cities), this has gone downing the last 6 months. The average price for March is $1,677,132. During April the price had a slight fall till $1,540,823. During the following two months (May, June) the price has had an average incrementation from $1,608,977.5 to $1,712,544. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $1,660,760.75 to $1,485,431.5 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,275,679 they are 45 % more affordable than the average price for San Francisco. The properties with the highest average price have 4 bedrooms, Their price is 57 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,446,024.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $826 / sq.feet, with an average $804 / sq.feet price in San Francisco. The properties with the highest average prices have 2 bedrooms. They are 27 % more expensive than the average followed by properties with 3 bedrooms with a price at $960 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,275,679 it is 19 % cheaper than the average price in San Francisco. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Apartment". At a price of $2,451,889 it is 141 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $488 / sq.feet followed by "Duplex" priced at $623 / sq.feet. "Apartment" is the most costly type of property with a $13,431 / sq.feet cost followed by "Condo" with an average price of $999 / sq.feet.
