The prices in real estate in Spring Valley, 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 Spring Valley has fallen in the last 6 months. In October, the average price per sq.feet was $278. In November this price pretty much remained the same at a value of $279 per sq.feet. The price for the following two months in (December, January) decreased 86 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 84 % 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 $259 to $218.5 during February, and March.
Based upon to the price in Spring Valley (cities), these have remained the same in the last 6 months. The price in October is $393,918, rising in November till $428,539. In the following two months the average price has remained the same with regard to the previous two months from $411,228.5 to $414,239.5. 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 $412,734 and $399,348 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 $404,435 they are 46 % more affordable than the average price for Spring Valley. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $460,228.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $241 / sq.feet, with an average $241 / sq.feet price in Spring Valley. The properties with the highest average prices have 1 bedroom. They are 449 % more expensive than the average followed by properties with 3 bedrooms with a price at $290 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $404,435 it is 70 % cheaper than the average price in Spring Valley. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $309,063 it is 23 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $98 / sq.feet followed by "Condo" priced at $113 / sq.feet. "Duplex" is the most costly type of property with a $245 / sq.feet cost followed by "House" with an average price of $124 / sq.feet.