The prices in real estate in Santa Fe Springs, 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 Santa Fe Springs has increased strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $329. The price for the following two months in (December, January) had a considerable increment of 300 %. The price per sq.feet has had a considerable increase of 210 % 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 $329 to $691 during February, and March.
Based upon to the price in Santa Fe Springs (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $500,297. During the following two months (December, January) the average price had a considerable increase of 208 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 141 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $562,896 they are 4 % more affordable than the average price for Santa Fe Springs. The properties with the lowest average price have 1 bedroom, Their price is 0 % cheaper than the average. After that we have properties with 4 bedrooms priced at $540,794.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $308 / sq.feet, with an average $307 / sq.feet price in Santa Fe Springs. The properties with the highest average prices have 4 bedrooms. They are 109 % more expensive than the average followed by properties with 1 bedroom with a price at $308 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $562,896 it is 4 % cheaper than the average price in Santa Fe Springs. "Commercial Property" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Commercial Property". At a price of $556,730 it is 0 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $296 / sq.feet followed by "Townhouse" priced at $307 / sq.feet. "House" is the most costly type of property with a $642 / sq.feet cost followed by "Townhouse" with an average price of $307 / sq.feet.