The prices in real estate in Big Lake, in the Alaska region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Big Lake has increased during the last 6 months. In December, the average price per sq.feet was $152. In the following month the price per sq.feet increased to $162. In the following two months the price per sq.feet has increased 109 %, going from $157 to $171 per sq.feet. The price per sq.feet has increased 109 % 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 $164 to $178 during April, and May.
Based upon to the price in Big Lake (cities), this has gone up in the last 6 months. In our first sample month during December, the average price is $286,305. In January This price remains at $272,736. During the following two months (February, March) the average price had a considerable increase of 119 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $322,653 they are 55 % more affordable than the average price for Big Lake. The properties with the highest average price have 4 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 3 bedrooms priced at $308,131.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $180 / sq.feet, with an average $176 / sq.feet price in Big Lake. The properties with the highest average prices have 1 bedroom. They are 31 % more expensive than the average followed by properties with 2 bedrooms with a price at $188 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $322,653 it is 0 % cheaper than the average price in Big Lake. "Condo" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $322,458 it is 31 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $180 / sq.feet followed by "Condo" priced at $203 / sq.feet. "Condo" is the most costly type of property with a $203 / sq.feet cost followed by "House" with an average price of $180 / sq.feet.