The average price in the California region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in California has increased strongly in the last 6 months. During August, the average price per sq.feet was $313. The following month (September) the price increased to $348 per sq.feet. In the following two months (October, November) the price per sq.feet has risen strongly to a 116 %. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.feet of $356.5 to $345 during December and January.
Based upon to the price in California(region), these have remained the same in the last 6 months. In the first month sample August the average price is $660,834. In September the price was the same at $678,687. The average price for the following two months (October, November) increased from $669,760.5 to $733,291. During the last two months the price has reduced 93 % compared to the previous average values going from $701,525.75 a $650,653 in December and January.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 25 % more affordable than the average price in California followed by those with 2 with an average price of $424,447. The most costly properties have 4 bedrooms. They are 39 % more expensive than the average followed by those properties with 3 bedrooms priced at $475,874.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $262 / sq.feet being $274 / sq.feet the average value within the California region. The properties with the most expensive average price are those with 1 bedroom. These are 77 % more costly than the average followed by those with 2 bedrooms with a price of $329 / sq.feet.
The graph displaying the average price according to the property type shows "House" as the most costly one. With an average cost of $534,182 it is 13 % more expensive than the average in California. This is followed by "Condo" with a price of $791,341. The dearest property type is "Land" and is 476 % more expensive than the average, followed by "Apartment" with a cost of $917,148.
Based on the average cost per sq.feet the cheapest property type is "House with a an average cost of $231 / sq.feet, followed by "Townhouse" with a price of $528 / sq.feet. "Commercial" with an average price of $3,008 / sq.feet is the most costly type of property followed by "Apartment" at a price of $1,340 / sq.feet.