The prices in real estate in Sunland, 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 Sunland has increased strongly during the last 6 months. In October, the average price per sq.feet was $604. In the following month the price per sq.feet decreased to $562. In the following two months the price per sq.feet has barely changed, going from $583 to $578 per sq.feet. The price per sq.feet has had a considerable increase of 370 % 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 $580.5 to $2,150.5 during February, and March.
Based upon to the price in Sunland (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $923,853. In November This price remains at $880,835. In the following two months the average price has remained the same with regard to the previous two months from $902,344 to $934,021.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $996,578 they are 91 % more affordable than the average price for Sunland. 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 $737,372.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $166 / sq.feet, with an average $3,740 / sq.feet price in Sunland. The properties with the lowest average prices have 2 bedrooms. They are 83 % cheaper than the average followed by properties with 3 bedrooms with a price at $510 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $996,578 it is 51 % cheaper than the average price in Sunland. "Detached House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $626,363 it is 1 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $406 / sq.feet followed by "Apartment" priced at $423 / sq.feet. "House" is the cheapest type of property with a $599 / sq.feet value followed by "Detached House" with an average price of $445 / sq.feet.