The prices in real estate in Solvang, in the California region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Solvang has remained the same in the last 6 months. In December, the average price per sq.feet was $450. In the following month the price per sq.feet increased to $487. The price for the following two months in (February, March) decreased 93 % with regard to the prior two months. 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 $451.5 to $432 during April y May
Based upon to the price in Solvang (cities), this has gone downing the last 6 months. In our first sample month during December, the average price is $1,438,199. In January This price remains at $1,485,963. During the following two months (February, March) the average price fell 86 % 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 89 %, going from $1,362,500.5 to $1,215,008.5 in April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,282,234 they are 39 % more affordable than the average price for Solvang. The properties with the highest average price have 1 bedroom, Their price is 140 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,321,483.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $422 / sq.feet, with an average $449 / sq.feet price in Solvang. The properties with the highest average prices have 1 bedroom. They are 311 % more expensive than the average followed by properties with 2 bedrooms with a price at $589 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,282,234 it is 12 % cheaper than the average price in Solvang. "Duplex" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Duplex". At a price of $1,148,701 it is 15 % 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 $381 / sq.feet followed by "House" priced at $431 / sq.feet. "Apartment" is the most costly type of property with a $483 / sq.feet cost followed by "House" with an average price of $431 / sq.feet.