Property prices for sale in California region
The average price in the California region has had same value in recent months. Prices in this region have remained pretty much stagnant.
The price per sq.feet in California has remained stagnant in the last 6 months. During March, the average price per sq.feet was $507. In April the price pretty much stayed the same at $484 per sq.feet. The following two months (May, June) went through an increase of 111 % in the price per sq.feet rising from $495.5 to $549.5 per sq.feet. In the last two months, the price per sq.feet has decreased 92 %. This has been obtained by comparing the price $522.5 for the first four months of the sample with regard to the previous 4 months and the price $480.5 per sq.feet for the last two months (July, August).
Based upon to the price in California(region), this has increased in the last 6 months. The average price in March is $900,888. In April the price increased to $1,019,174. The price in the following months (May, June) had a strong increment of 117 % going from $960,031 to $1,118,762. During the last two months the price has had a considerable reduction of 77 % with respect to the previous four months going from $1,039,396.5 a $796,787.5.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 40 % more affordable than the average price in California followed by those with 2 with an average price of $588,156. The most costly properties have 4 bedrooms. They are 39 % more expensive than the average followed by those properties with 3 bedrooms priced at $762,462.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of $479 / sq.feet being $482 / sq.feet the average value within the California region. The properties with the most expensive average price are those with 1 bedroom. These are 39 % more costly than the average followed by those with 2 bedrooms with a price of $507 / sq.feet.
The graph displaying the average price according to the property type shows "Apartment" as the cheapest one. With an average cost of $862,065 it is 76 % more affordable than the average in California. This is followed by "Land" with a price of $331,101. The dearest property type is "Commercial" and is 72 % more expensive than the average, followed by "House" with a cost of $923,561.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $402 / sq.feet, followed by "House" with a price of $480 / sq.feet. "Land" with an average price of $2,624 / sq.feet is the most costly type of property followed by "Apartment" at a price of $706 / sq.feet.
