The prices in real estate in Valley Center, 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 Valley Center has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $382. In the following month the price per sq.feet decreased considerably to $279. The price for the following two months in (March, April) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has had a considerable increase of 124 % 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 $304.75 to $378.5 during May, and June.
Based upon to the price in Valley Center (cities), these have remained the same in the last 6 months. In our first sample month during January, the average price is $647,710. In February This price remains at $625,016. During the following two months (March, April) the price has had an average incrementation from $636,363 to $697,615.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $666,989.25 and $664,066.5 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $774,246 they are 24 % more affordable than the average price for Valley Center. The properties with the lowest average price have 2 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 1 bedroom priced at $591,055.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $307 / sq.feet, with an average $350 / sq.feet price in Valley Center. The properties with the highest average prices have 1 bedroom. They are 810 % more expensive than the average followed by properties with 2 bedrooms with a price at $307 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $774,246 it is 86 % cheaper than the average price in Valley Center. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $691,515 it is 8 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $35 / sq.feet followed by "Apartment" priced at $180 / sq.feet. "Farm" is the most costly type of property with a $64,274 / sq.feet cost followed by "House" with an average price of $307 / sq.feet.