The prices in real estate in Wofford Heights, 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 Wofford Heights has fallen in the last 6 months. In November, the average price per sq.feet was $148. In the following month the price per sq.feet decreased to $140. In the following two months the price per sq.feet has barely changed, going from $144 to $139 per sq.feet. The price per sq.feet has had a considerable deflation of 82 % 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 $141.5 to $116.5 during March, and April.
Based upon to the price in Wofford Heights (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $214,741. In December This price remains at $219,887. During the following two months (January, February) the average price fell 92 % 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 $208,474.75 to $149,465.5, which means a 72 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $158,916 they are 54 % more affordable than the average price for Wofford Heights. The properties with the highest average price have 4 bedrooms, Their price is 186 % more costly than the average. After that we have properties with 3 bedrooms priced at $172,162.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $115 / sq.feet, with an average $119 / sq.feet price in Wofford Heights. The properties with the highest average prices have 4 bedrooms. They are 53 % more expensive than the average followed by properties with 1 bedroom with a price at $122 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $158,916 it is 33 % cheaper than the average price in Wofford Heights. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $175,342 it is 56 % 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 $107 / sq.feet followed by "House" priced at $169 / sq.feet. "Commercial" is the most costly type of property with a $2,827 / sq.feet cost followed by "House" with an average price of $169 / sq.feet.