The prices in real estate in South Gate, 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 South Gate has remained the same in the last 6 months. In July, the average price per sq.feet was $380. In August this price pretty much remained the same at a value of $380 per sq.feet. The price for the following two months in (September, October) decreased 91 % with regard to the prior two months. The price per sq.feet has increased 110 % 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 $363 to $399.5 during November, and December.
Based upon to the price in South Gate (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is $461,143. In August This price remains at $461,143. In the following two months the average price has remained the same with regard to the previous two months from $461,143 to $452,756. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $483,100 they are 19 % more affordable than the average price for South Gate. The properties with the lowest average price have 3 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 1 bedroom priced at $390,015.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $418 / sq.feet, with an average $399 / sq.feet price in South Gate. The properties with the highest average prices have 3 bedrooms. They are 200 % more expensive than the average followed by properties with 1 bedroom with a price at $418 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $483,100 it is 11 % cheaper than the average price in South Gate. "Commercial Property" is seen as the second most affordable property type. The cheapest type property is "Commercial Property" followed by "House". At a price of $430,184 it is 6 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $322 / sq.feet followed by "House" priced at $1,196 / sq.feet. "House" is the most costly type of property with a $1,196 / sq.feet cost followed by "Commercial Property" with an average price of $322 / sq.feet.