Property prices for sale in Van Nuys (California)

The price per sq.feet in Van Nuys has fallen in the last 6 months. In November, the average price per sq.feet was $501. In the following month the price per sq.feet decreased considerably to $399. The price for the following two months in (January, February) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has had a considerable increase of 127 % 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 $409 to $520 during March, and April.

Based upon to the price in Van Nuys (cities), this has fallen considerably in the last 6 months. The average price for November is $1,013,939. During December the price had a considerable reduction till $737,600. During the following two months (January, February) the average price had a considerable reduction of 78 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 130 % 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 $1,004,707 they are 91 % more affordable than the average price for Van Nuys. The properties with the lowest average price have 4 bedrooms, Their price is 7 % cheaper than the average. After that we have properties with 3 bedrooms priced at $902,420.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $183 / sq.feet, with an average $509 / sq.feet price in Van Nuys. The properties with the highest average prices have 3 bedrooms. They are 20 % more expensive than the average followed by properties with 4 bedrooms with a price at $557 / sq.feet.

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,004,707 it is 71 % cheaper than the average price in Van Nuys. "Duplex" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Detached House". At a price of $970,982 it is 21 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $273 / sq.feet followed by "House" priced at $353 / sq.feet. "Duplex" is the most costly type of property with a $2,185 / sq.feet cost followed by "Detached House" with an average price of $643 / sq.feet.