The average price in the California region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per sq.feet in California has increased in the last 6 months. During February, the average price per sq.feet was $370. The following month the price decreased to $338 per sq.feet. The following two months (April, May) went through an increase of 110 % in the price per sq.feet rising from $354 to $389.5 per sq.feet. In the last two months, the price per sq.feet has had a significant increase of 134 %. This has been obtained by comparing the price of $371.75 for the first four months of the sample with regard to the previous 4 months and the price of $497 per sq.feet for the last two months (June, July).
Based upon to the price in California(region), this has increased in the last 6 months. February has an average price of $774,230. During March the price had a strong deflation till $567,468. The price in the following months (April, May) had a strong increment of 120 % going from $670,849 to $803,203. During the last two months the price has had a considerable increase of 154 % with respect to the previous four months going from $737,026 a $1,133,318.
The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 38 % more affordable than the average price in California followed by those with 3 with an average price of $780,772. The most costly properties have 1 bedroom. They are 2 % more expensive than the average followed by those properties with 4 bedrooms priced at $933,029.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $375 / sq.feet being $524 / sq.feet the average value within the California region. The properties with the most expensive average price are those with 1 bedroom. These are 291 % more costly than the average followed by those with 4 bedrooms with a price of $488 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $1,002,137 it is 52 % more affordable than the average in California. This is followed by "Condo" with a price of $839,519. The dearest property type is "Villa" and is 126 % more expensive than the average, followed by "House" with a cost of $1,278,446.
Based on the average cost per sq.feet the most costly property type is "House with a an average price of $549 / sq.feet, followed by "Townhouse" with a price of $610 / sq.feet. "Villa" with an average price of $4,971 / sq.feet is the most costly type of property followed by "Apartment" at a price of $2,794 / sq.feet.