The prices in real estate in Wofford Heights, 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 Wofford Heights has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $877. In the following month the price per sq.feet increased considerably to $1,038. The price for the following two months in (April, May) had a considerable decrease of 75 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 53 % 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 $836.5 to $442.5 during June, and July.
Based upon to the price in Wofford Heights (cities), this has fallen considerably in the last 6 months. In our first sample month during February, the average price is $144,884. In March This price remains at $145,384. During the following two months (April, May) the average price had a considerable reduction of 60 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $116,343 to $96,619, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $85,713 they are 13 % more affordable than the average price for Wofford Heights. The properties with the highest average price have 4 bedrooms, Their price is 431 % more costly than the average. After that we have properties with 3 bedrooms priced at $266,151.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $1,230 / sq.feet, with an average $237 / sq.feet price in Wofford Heights. The properties with the highest average prices have 3 bedrooms. They are 684 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,745 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most costly one. At an cost of $85,713 it is 25 % more expensive than the average price in Wofford Heights. "Farm" is seen as the second dearest property type. The dearest property type is "House" followed by "Farm". At a price of $176,932 it is 168 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $116 / sq.feet followed by "Commercial" priced at $2,854 / sq.feet. "House" is the most costly type of property with a $3,102 / sq.feet cost followed by "Commercial" with an average price of $2,854 / sq.feet.