The prices in real estate in Chehalis, in the Washington region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Chehalis has increased strongly during the last 6 months. In October, the average price per sq.feet was $261. In the following month the price per sq.feet increased to $275. The price for the following two months in (December, January) had a considerable increment of 188 %. The price per sq.feet has had a considerable increase of 137 % 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 $385.5 to $527.5 during February, and March.
Based upon to the price in Chehalis (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $539,277. In November This price remains at $550,519. In the following two months the average price has remained the same with regard to the previous two months from $544,898 to $552,296.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $548,597.25 to $508,712.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $489,511 they are 59 % more affordable than the average price for Chehalis. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $496,023.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $243 / sq.feet, with an average $788 / sq.feet price in Chehalis. The properties with the lowest average prices have 2 bedrooms. They are 59 % cheaper than the average followed by properties with 1 bedroom with a price at $304 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $489,511 it is 55 % cheaper than the average price in Chehalis. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $412,791 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $135 / sq.feet followed by "House" priced at $271 / sq.feet. "Land" is the most costly type of property with a $78,326 / sq.feet cost followed by "House" with an average price of $271 / sq.feet.