The average price in the California region has had a slight decrease in recent months. There has been a deflation in the prices in this region.
The price per sq.feet in California has risen in the last 6 months. During March, the average price per sq.feet was $467. The following month the price decreased to $432 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from $449.5 to $456.5 per sq.feet. In the last two months, the price per sq.feet has decreased 92 %. This has been obtained by comparing the price $453 for the first four months of the sample with regard to the previous 4 months and the price $418.5 per sq.feet for the last two months (July, August).
Based upon to the price in California (region), this has decreased in the last 6 months. March has an average price of $906,681. During April the price had a slight deflation till $830,003. In the following two months the average price didn't change much compared to the previous two going from $868,342 to $832,743. During the last two months the price has reduced 86 % compared to the previous average values going from $850,542.5 a $733,832.5 in July and August.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 35 % more affordable than the average price in California followed by those with 2 with an average price of $539,044. The most costly properties have 4 bedrooms. They are 31 % more expensive than the average followed by those properties with 3 bedrooms priced at $722,876.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $390 / sq.feet being $413 / sq.feet the average value within the California region. The properties with the most expensive average price are those with 1 bedroom. These are 52 % more costly than the average followed by those with 2 bedrooms with a price of $471 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $721,846 it is 19 % more affordable than the average in California. This is followed by "Condo" with a price of $650,000. The dearest property type is "Detached House" and is 360 % more expensive than the average, followed by "Duplex" with a cost of $1,126,687.
Based on the average cost per sq.feet the most costly property type is "House with a an average price of $444 / sq.feet, followed by "Townhouse" with a price of $514 / sq.feet. "Land" with an average price of $31,698 / sq.feet is the most costly type of property followed by "Detached House" at a price of $3,581 / sq.feet.