The prices in real estate in West Hills, 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 West Hills has increased strongly during the last 6 months. In April, the average price per sq.feet was $342. In May this price pretty much remained the same at a value of $332 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $337 to $355.5 per sq.feet. The price per sq.feet has had a considerable increase of 186 % 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 $346.25 to $644 during August, and September.
Based upon to the price in West Hills (cities), this has gone downing the last 6 months. The average price for April is $985,689. During May the price had a slight fall till $865,718. During the following two months (June, July) the average price fell 90 % with regard to the previous two months. 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 $879,122 and $849,425.5 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $891,764 they are 87 % more affordable than the average price for West Hills. The properties with the highest average price have 1 bedroom, Their price is 27 % more costly than the average. After that we have properties with 4 bedrooms priced at $764,433.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $79 / sq.feet, with an average $915 / sq.feet price in West Hills. The properties with the highest average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 4 bedrooms with a price at $301 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $891,764 it is 37 % cheaper than the average price in West Hills. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $826,690 it is 21 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $341 / sq.feet followed by "Farm" priced at $358 / sq.feet. "Apartment" is the most costly type of property with a $1,625 / sq.feet cost followed by "House" with an average price of $853 / sq.feet.