Property prices for sale in Sherman Oaks (California)
The prices in real estate in Sherman Oaks, 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 Sherman Oaks has increased during the last 6 months. In October, the average price per sq.feet was $742. In November this price pretty much remained the same at a value of $776 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $759 to $774.5 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 $766.75 to $791.5 during February y March
Based upon to the price in Sherman Oaks (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $1,864,580. In November This price remains at $1,857,639. During the following two months (December, January) the average price had a considerable increase of 116 % 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 $2,008,158.75 and $2,076,111.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,952,489 they are 71 % more affordable than the average price for Sherman Oaks. The properties with the highest average price have 4 bedrooms, Their price is 33 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,850,952.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $617 / sq.feet, with an average $776 / sq.feet price in Sherman Oaks. The properties with the highest average prices have 3 bedrooms. They are 26 % more expensive than the average followed by properties with 4 bedrooms with a price at $832 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,952,489 it is 65 % cheaper than the average price in Sherman Oaks. "Detached House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $1,667,126 it is 22 % 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 $542 / sq.feet followed by "Condo" priced at $583 / sq.feet. "Land" is the most costly type of property with a $256,650 / sq.feet cost followed by "Duplex" with an average price of $5,874 / sq.feet.
