Property prices for sale in Topanga (California)

The prices in real estate in Topanga, 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.

$2,037,681.5
Average price last 6 months
$1,580.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Topanga has increased strongly during the last 6 months. In March, the average price per sq.feet was $929. In the following month the price per sq.feet decreased to $859. In the following two months the price per sq.feet has barely changed, going from $894 to $916 per sq.feet. The price per sq.feet has had a considerable increase of 324 % 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 $905 to $2,930.5 during July, and August.

Average price

Based upon to the price in Topanga (cities), this has fallen considerably in the last 6 months. The average price for March is $2,446,436. During April the price had a considerable reduction till $1,994,552. During the following two months (May, June) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $2,137,454.75 to $1,838,135 in July and August.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,999,623 they are 60 % more affordable than the average price for Topanga. The properties with the highest average price have 4 bedrooms, Their price is 51 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,883,250.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $855 / sq.feet, with an average $4,906 / sq.feet price in Topanga. The properties with the lowest average prices have 2 bedrooms. They are 79 % cheaper than the average followed by properties with 1 bedroom with a price at $1,010 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,999,623 it is 74 % cheaper than the average price in Topanga. "Villa" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $1,991,175 it is 13 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $643 / sq.feet followed by "House" priced at $934 / sq.feet. "Apartment" is the most costly type of property with a $519,356 / sq.feet cost followed by "Villa" with an average price of $3,323 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Topanga
Number of properties used in region California
$1,999,623
$4,906
726
1,595,766
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value