The prices in real estate in Spring Valley, 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 Spring Valley has increased during the last 6 months. In December, the average price per sq.feet was $335. In the following month the price per sq.feet increased to $367. In the following two months the price per sq.feet has barely changed, going from $351 to $360.5 per sq.feet. The price per sq.feet has increased 106 % 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 $355.75 to $375.5 during April, and May.
Based upon to the price in Spring Valley (cities), this has gone up in the last 6 months. In our first sample month during December, the average price is $523,936. In January This price remains at $538,648. During the following two months (February, March) the price has had an average incrementation from $531,292 to $558,348.5. 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 $544,820.25 and $554,477 between 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 $549,628 they are 42 % more affordable than the average price for Spring Valley. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $571,988.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $323 / sq.feet, with an average $377 / sq.feet price in Spring Valley. The properties with the highest average prices have 1 bedroom. They are 48 % more expensive than the average followed by properties with 3 bedrooms with a price at $420 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $549,628 it is 51 % cheaper than the average price in Spring Valley. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $420,636 it is 13 % 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 $231 / sq.feet followed by "Townhouse" priced at $368 / sq.feet. "House" is the most costly type of property with a $385 / sq.feet cost followed by "Condo" with an average price of $383 / sq.feet.