The prices in real estate in Sutter Creek, 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 Sutter Creek has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $999. In the following month the price per sq.feet decreased considerably to $661. The price for the following two months in (December, January) had a considerable decrease of 48 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 50 % 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 $613.75 to $308.5 during February, and March.
Based upon to the price in Sutter Creek (cities), this has gone downing the last 6 months. The average price for October is $678,989. During November the price had a considerable reduction till $556,292. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. 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 $580,413 they are 71 % more affordable than the average price for Sutter Creek. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 2 bedrooms priced at $639,295.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $234 / sq.feet, with an average $290 / sq.feet price in Sutter Creek. The properties with the highest average prices have 1 bedroom. They are 190 % more expensive than the average followed by properties with 2 bedrooms with a price at $464 / sq.feet.
With regard to the average price based upon the property in Sutter Creek we can see that most expensive property type is "House" at a price of $621,242, they are 7 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 7 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $333 / sq.feet. "House" at an average price of $333 / sq.feet has the most expensive price and would be directed at more affluent cities.