The prices in real estate in Valencia, in the California region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Valencia has increased during the last 6 months. In January, the average price per sq.feet was $292. In February this price pretty much remained the same at a value of $291 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $291.5 to $307 per sq.feet. The price per sq.feet has increased 113 % 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 $299.25 to $339.5 during May, and June.
Based upon to the price in Valencia (cities), this has gone up in the last 6 months. The average price for January is $643,882. During February the price had a slight fall till $609,458. During the following two months (March, April) the price has had an average incrementation from $626,670 to $695,175.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % 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 $791,837 they are 10 % more affordable than the average price for Valencia. The properties with the lowest average price have 4 bedrooms, Their price is 9 % cheaper than the average. After that we have properties with 1 bedroom priced at $710,143.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $335 / sq.feet, with an average $338 / sq.feet price in Valencia. The properties with the highest average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 4 bedrooms with a price at $335 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $791,837 it is 23 % cheaper than the average price in Valencia. "Duplex" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $773,057 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $250 / sq.feet followed by "Duplex" priced at $272 / sq.feet. "Apartment" is the most costly type of property with a $1,532 / sq.feet cost followed by "House" with an average price of $307 / sq.feet.