The prices in real estate in South El Monte, 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 South El Monte has fallen in the last 6 months. In October, the average price per sq.feet was $565. In November this price pretty much remained the same at a value of $539 per sq.feet. The price for the following two months in (December, January) decreased 88 % 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 $518.5 to $507 during February y March
Based upon to the price in South El Monte (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $924,158. In November This price remains at $934,628. During the following two months (December, January) the average price fell 95 % 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 95 %, going from $904,160 to $855,202.5 in 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 $901,300 they are 58 % more affordable than the average price for South El Monte. The properties with the lowest average price have 1 bedroom, Their price is 57 % cheaper than the average. After that we have properties with 2 bedrooms priced at $378,935.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $259 / sq.feet, with an average $543 / sq.feet price in South El Monte. The properties with the lowest average prices have 1 bedroom. They are 50 % cheaper than the average followed by properties with 2 bedrooms with a price at $259 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $901,300 it is 59 % cheaper than the average price in South El Monte. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $378,935 it is 50 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $179 / sq.feet followed by "Farm" priced at $243 / sq.feet. "House" is the cheapest type of property with a $259 / sq.feet value followed by "Duplex" with an average price of $246 / sq.feet.