The prices in real estate in Santa Fe Springs, in the California region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Santa Fe Springs has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $367. In December this price pretty much remained the same at a value of $367 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has increased 105 % 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 $299.75 to $315 during March, and April.
Based upon to the price in Santa Fe Springs (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $529,365. In December This price remains at $526,644. During the following two months (January, February) the average price fell 89 % 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 $498,433.25 and $513,437.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $524,456 they are 2 % more expensive than the average price for Santa Fe Springs. Following this ranking we find those properties with 3 at an average price of $553,714. The properties with the highest average price have 1 bedroom, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at $553,714.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $295 / sq.feet, with an average $362 / sq.feet price in Santa Fe Springs. The properties with the highest average prices have 4 bedrooms. They are 74 % more expensive than the average followed by properties with 1 bedroom with a price at $300 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $524,456 it is 2 % more expensive than the average price in Santa Fe Springs. "Commercial Property" is seen as the second dearest property type. The dearest property type is "Townhouse" followed by "Commercial Property". At a price of $549,529 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $283 / sq.feet followed by "Townhouse" priced at $294 / sq.feet. "House" is the most costly type of property with a $629 / sq.feet cost followed by "Townhouse" with an average price of $294 / sq.feet.