The prices in real estate in Santa Clara, in the California region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Santa Clara has increased during the last 6 months. In April, the average price per sq.feet was $720. In the following month the price per sq.feet increased to $822. In the following two months the price per sq.feet has increased 105 %, going from $771 to $810 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $790.5 to $772 during August y September
Based upon to the price in Santa Clara (cities), these have remained the same in the last 6 months. In our first sample month during April, the average price is $1,227,715. In May This price remains at $1,277,000. In the following two months the average price has remained the same with regard to the previous two months from $1,252,357.5 to $1,270,783.5. 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 $1,261,570.5 to $1,165,118 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 $1,111,868 they are 37 % more affordable than the average price for Santa Clara. The properties with the highest average price have 4 bedrooms, Their price is 26 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,198,713.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $721 / sq.feet, with an average $744 / sq.feet price in Santa Clara. The properties with the highest average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 3 bedrooms with a price at $776 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $1,111,868 it is 22 % cheaper than the average price in Santa Clara. "Condo" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $1,134,068 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $748 / sq.feet followed by "House" priced at $749 / sq.feet. "Office" is the most costly type of property with a $4,962 / sq.feet cost followed by "Duplex" with an average price of $3,811 / sq.feet.