The prices in real estate in West Hollywood, in the California region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in West Hollywood has fallen in the last 6 months. In July, the average price per sq.feet was $987. In the following month the price per sq.feet decreased to $907. The price for the following two months in (September, October) decreased 93 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $913.25 to $876 during November y December
Based upon to the price in West Hollywood (cities), this has gone downing the last 6 months. The average price for July is $1,687,313. During August the price had a considerable reduction till $1,382,240. During the following two months (September, October) the price has had an average incrementation from $1,534,776.5 to $1,706,494.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $1,620,635.5 to $1,427,174 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,345,451 they are 48 % more affordable than the average price for West Hollywood. The properties with the highest average price have 4 bedrooms, Their price is 140 % more costly than the average. After that we have properties with 3 bedrooms priced at $2,227,709.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $825 / sq.feet, with an average $845 / sq.feet price in West Hollywood. The properties with the highest average prices have 4 bedrooms. They are 26 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,023 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $1,345,451 it is 51 % cheaper than the average price in West Hollywood. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $1,303,286 it is 127 % 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 $688 / sq.feet followed by "Townhouse" priced at $816 / sq.feet. "Land" is the most costly type of property with a $1,526 / sq.feet cost followed by "House" with an average price of $1,029 / sq.feet.