Property prices for sale in Santa Ynez (California)
The prices in real estate in Santa Ynez, 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 Ynez has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,253. In the following month the price per sq.feet increased to $1,365. In the following two months the price per sq.feet has barely changed, going from $1,309 to $1,362.5 per sq.feet. The price per sq.feet has had a considerable increase of 290 % 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 $1,335.75 to $3,878 during March, and April.
Based upon to the price in Santa Ynez (cities), these have remained the same in the last 6 months. The price in November is $4,314,130, rising in December till $4,556,600. In the following two months the average price has remained the same with regard to the previous two months from $4,435,365 to $4,394,182. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $4,414,773.5 to $4,005,326.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $4,128,653 they are 30 % more affordable than the average price for Santa Ynez. The properties with the lowest average price have 3 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 4 bedrooms priced at $3,672,604.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $963 / sq.feet, with an average $1,358 / sq.feet price in Santa Ynez. The properties with the highest average prices have 2 bedrooms. They are 7 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,268 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most costly one. At an cost of $4,128,653 it is 16 % more expensive than the average price in Santa Ynez. "House" is seen as the second dearest property type. The dearest property type is "Land" followed by "House". At a price of $4,819,386 it is 68 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $1,241 / sq.feet followed by "House" priced at $1,289 / sq.feet. "Land" is the most costly type of property with a $121,195 / sq.feet cost followed by "House" with an average price of $1,289 / sq.feet.
