The prices in real estate in Woodland Hills, 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 Woodland Hills has fallen in the last 6 months. In December, the average price per sq.feet was $413. In January this price pretty much remained the same at a value of $405 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $409 to $406.5 per sq.feet. The price per sq.feet has decreased 86 % 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 $407.75 to $349 during April, and May.
Based upon to the price in Woodland Hills (cities), these have remained the same in the last 6 months. The price in December is $1,015,729, rising in January till $1,069,330. During the following two months (February, March) the average price fell 94 % 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 gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,058,533 they are 49 % more affordable than the average price for Woodland Hills. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 1 bedroom priced at $875,975.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $429 / sq.feet, with an average $378 / sq.feet price in Woodland Hills. The properties with the highest average prices have 1 bedroom. They are 1498 % more expensive than the average followed by properties with 2 bedrooms with a price at $477 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,058,533 it is 38 % cheaper than the average price in Woodland Hills. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Duplex". At a price of $784,111 it is 33 % 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 $371 / sq.feet followed by "Apartment" priced at $440 / sq.feet. "House" is the most costly type of property with a $446 / sq.feet cost followed by "Townhouse" with an average price of $441 / sq.feet.