The prices in real estate in San Mateo, 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 Mateo has remained the same in the last 6 months. In August, the average price per sq.feet was $883. In September this price pretty much remained the same at a value of $872 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $877.5 to $886 per sq.feet. The price per sq.feet has decreased 94 % 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 $881.75 to $832.5 during December, and January.
Based upon to the price in San Mateo (cities), this has gone downing the last 6 months. The average price for August is $1,502,139. During September the price had a considerable reduction till $1,251,888. During the following two months (October, November) the average price fell 93 % with regard to the previous two months. 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 $1,326,283 and $1,342,955 between December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,375,782 they are 60 % more affordable than the average price for San Mateo. The properties with the highest average price have 4 bedrooms, Their price is 32 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,413,209.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $582 / sq.feet, with an average $770 / sq.feet price in San Mateo. The properties with the highest average prices have 3 bedrooms. They are 4 % more expensive than the average followed by properties with 4 bedrooms with a price at $790 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,375,782 it is 41 % cheaper than the average price in San Mateo. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $1,387,832 it is 11 % 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 $699 / sq.feet followed by "Condo" priced at $720 / sq.feet. "Commercial" is the most costly type of property with a $2,147 / sq.feet cost followed by "Townhouse" with an average price of $737 / sq.feet.