The prices in real estate in Temecula, in the California region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Temecula has remained the same in the last 6 months. In February, the average price per sq.feet was $237. In March this price pretty much remained the same at a value of $228 per sq.feet. The price for the following two months in (April, May) had a considerable increment of 123 %. The price per sq.feet has had a considerable deflation of 70 % 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 $259.5 to $182.5 during June, and July.
Based upon to the price in Temecula (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $611,626. In March This price remains at $627,625. During the following two months (April, May) the average price had a considerable increase of 155 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $788,475.25 to $661,829.5, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $558,953 they are 60 % more affordable than the average price for Temecula. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $479,499.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $233 / sq.feet, with an average $168 / sq.feet price in Temecula. The properties with the highest average prices have 2 bedrooms. They are 71 % more expensive than the average followed by properties with 3 bedrooms with a price at $264 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $558,953 it is 49 % cheaper than the average price in Temecula. "Office" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Apartment". At a price of $855,862 it is 69 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Townhouse" at an average cost of $241 / sq.feet followed by "House" priced at $243 / sq.feet. "Apartment" is the most costly type of property with a $257 / sq.feet cost followed by "Office" with an average price of $245 / sq.feet.