Property prices for sale in Valley Village (California)
The prices in real estate in Valley Village, 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.
The price per sq.feet in Valley Village has increased strongly during the last 6 months. In March, the average price per sq.feet was $659. In the following month the price per sq.feet decreased to $619. In the following two months the price per sq.feet has barely changed, going from $639 to $652.5 per sq.feet. The price per sq.feet has had a considerable increase of 264 % 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 $645.75 to $1,706 during July, and August.
Based upon to the price in Valley Village (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $1,933,777. In April This price remains at $2,004,125. In the following two months the average price has remained the same with regard to the previous two months from $1,968,951 to $2,048,529.5. During the last two months the average price has had a strong fall compared to the previous four going from $2,008,740.25 to $1,555,841.5, which means a 77 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,299,375 they are 64 % more affordable than the average price for Valley Village. The properties with the highest average price have 4 bedrooms, Their price is 106 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,252,190.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $533 / sq.feet, with an average $2,699 / sq.feet price in Valley Village. The properties with the lowest average prices have 4 bedrooms. They are 69 % cheaper than the average followed by properties with 3 bedrooms with a price at $683 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,299,375 it is 55 % cheaper than the average price in Valley Village. "Duplex" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Detached House". At a price of $633,856 it is 56 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $391 / sq.feet followed by "Detached House" priced at $400 / sq.feet. "Apartment" is the cheapest type of property with a $738 / sq.feet value followed by "House" with an average price of $494 / sq.feet.
