The prices in real estate in Burien, in the Washington region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Burien has fallen in the last 6 months. In March, the average price per sq.feet was $425. In April this price pretty much remained the same at a value of $423 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $424 to $411 per sq.feet. The price per sq.feet has decreased 89 % 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 $417.5 to $372 during July, and August.
Based upon to the price in Burien (cities), this has gone downing the last 6 months. In our first sample month during March, the average price is $906,893. In April This price remains at $875,651. During the following two months (May, June) the average price fell 88 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $835,628 to $758,843.5 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $781,995 they are 52 % more affordable than the average price for Burien. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $680,486.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $353 / sq.feet, with an average $359 / sq.feet price in Burien. The properties with the highest average prices have 1 bedroom. They are 44 % more expensive than the average followed by properties with 2 bedrooms with a price at $477 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $781,995 it is 67 % cheaper than the average price in Burien. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $830,676 it is 11 % 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 $361 / sq.feet followed by "Detached House" priced at $399 / sq.feet. "Commercial Property" is the most costly type of property with a $950 / sq.feet cost followed by "Condo" with an average price of $474 / sq.feet.