The prices in real estate in Solvang, 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 Solvang has increased strongly during the last 6 months. In October, the average price per sq.feet was $397. In the following month the price per sq.feet increased to $422. The price for the following two months in (December, January) had a considerable increment of 140 %. 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 $491 to $493 during February y March
Based upon to the price in Solvang (cities), this has gone up in the last 6 months. The price in October is $1,044,074, rising in November till $1,125,725. During the following two months (December, January) the price has had an average incrementation from $1,084,899.5 to $1,221,724. 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 $1,153,311.75 and $1,143,686 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,182,405 they are 66 % more affordable than the average price for Solvang. The properties with the highest average price have 1 bedroom, Their price is 322 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,433,764.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $302 / sq.feet, with an average $499 / sq.feet price in Solvang. The properties with the highest average prices have 1 bedroom. They are 457 % more expensive than the average followed by properties with 4 bedrooms with a price at $659 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $1,182,405 it is 4 % cheaper than the average price in Solvang. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $1,456,457 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $371 / sq.feet followed by "Apartment" priced at $473 / sq.feet. "House" is the most costly type of property with a $647 / sq.feet cost followed by "Apartment" with an average price of $473 / sq.feet.