The prices in real estate in Santa Ynez, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Santa Ynez has fallen in the last 6 months. In January, the average price per sq.feet was $1,272. In the following month the price per sq.feet decreased to $1,173. The price for the following two months in (March, April) decreased 93 % with regard to the prior two months. The price per sq.feet has decreased 93 % 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 $1,182.5 to $1,099.5 during May, and June.
Based upon to the price in Santa Ynez (cities), this has fallen considerably in the last 6 months. The average price for January is $4,528,380. During February the price had a considerable reduction till $3,718,370. During the following two months (March, April) the average price had a considerable reduction of 67 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $3,452,530.25 to $3,198,901.5 in May and June.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 48 % cheaper than the average price of $1,696,706 in Santa Ynez. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 48 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 42 % cheaper than the average price of ($641 / sq.feet) in Santa Ynez. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 42 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $3,277,863 it is 48 % cheaper than the average price in Santa Ynez. "Apartment" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $1,696,706 it is 1 % 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 $641 / sq.feet followed by "Apartment" priced at $2,636 / sq.feet. "Apartment" is the most costly type of property with a $2,636 / sq.feet cost followed by "House" with an average price of $641 / sq.feet.