Property prices for sale in Sun Valley (California)
The prices in real estate in Sun Valley, in the California region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Sun Valley has increased strongly during the last 6 months. In October, the average price per sq.feet was $659. In the following month the price per sq.feet decreased to $600. In the following two months the price per sq.feet has barely changed, going from $629.5 to $630.5 per sq.feet. The price per sq.feet has had a considerable increase of 479 % 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 $630 to $3,019.5 during February, and March.
Based upon to the price in Sun Valley (cities), these have remained the same in the last 6 months. The average price for October is $919,517. During November the price had a slight fall till $806,819. In the following two months the average price has remained the same with regard to the previous two months from $863,168 to $888,180. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,008,515 they are 40 % more affordable than the average price for Sun Valley. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $975,600.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $599 / sq.feet, with an average $5,414 / sq.feet price in Sun Valley. The properties with the lowest average prices have 1 bedroom. They are 73 % cheaper than the average followed by properties with 2 bedrooms with a price at $683 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,008,515 it is 60 % cheaper than the average price in Sun Valley. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $673,333 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $274 / sq.feet followed by "House" priced at $602 / sq.feet. "Land" is the most costly type of property with a $326,666 / sq.feet cost followed by "Condo" with an average price of $911 / sq.feet.
