Property prices for sale in Sun Valley (California)
The prices in real estate in Sun Valley, in the California region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Sun Valley has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $5,414. In the following month the price per sq.feet decreased considerably to $693. The price for the following two months in (May, June) had a considerable decrease of 20 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 34 % 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 $1,839.5 to $624.5 during July, and August.
Based upon to the price in Sun Valley (cities), these have remained the same in the last 6 months. The average price for March is $1,008,515. During April the price had a slight fall till $902,452. During the following two months (May, June) the price has had an average incrementation from $955,483.5 to $1,005,170.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % 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 $1,082,211 they are 62 % more affordable than the average price for Sun Valley. The properties with the lowest average price have 4 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 3 bedrooms priced at $954,252.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $563 / sq.feet, with an average $642 / sq.feet price in Sun Valley. The properties with the highest average prices have 2 bedrooms. They are 30 % more expensive than the average followed by properties with 1 bedroom with a price at $719 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,082,211 it is 63 % cheaper than the average price in Sun Valley. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $669,971 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $269 / sq.feet followed by "House" priced at $597 / sq.feet. "Land" is the most costly type of property with a $325,033 / sq.feet cost followed by "Condo" with an average price of $717 / sq.feet.
