The prices in real estate in Auburn, in the Washington region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Auburn has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $380. In the following month the price per sq.feet decreased considerably to $195. The price for the following two months in (September, October) had a considerable decrease of 71 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 84 % 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 $246.25 to $207 during November, and December.
Based upon to the price in Auburn (cities), this has gone downing the last 6 months. The average price for July is $478,573. During August the price had a slight fall till $440,689. In the following two months the average price has remained the same with regard to the previous two months from $459,631 to $454,917. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $457,274 to $419,878.5 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $408,077 they are 73 % more affordable than the average price for Auburn. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $375,741.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $186 / sq.feet, with an average $206 / sq.feet price in Auburn. The properties with the highest average prices have 3 bedrooms. They are 11 % more expensive than the average followed by properties with 4 bedrooms with a price at $204 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $408,077 it is 8 % more expensive than the average price in Auburn. "Condo" is seen as the second dearest property type. The dearest property type is "Duplex" followed by "Office". At a price of $565,191 it is 46 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $188 / sq.feet followed by "Duplex" priced at $192 / sq.feet. "House" is the cheapest type of property with a $205 / sq.feet value followed by "Condo" with an average price of $198 / sq.feet.