The prices in real estate in Granite Falls, 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 Granite Falls has increased strongly during the last 6 months. In April, the average price per sq.feet was $186. In the following month the price per sq.feet increased to $208. In the following two months the price per sq.feet has increased 111 %, going from $197 to $218.5 per sq.feet. The price per sq.feet has increased 111 % 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 $207.75 to $231.5 during August, and September.
Based upon to the price in Granite Falls (cities), these have remained the same in the last 6 months. The average price for April is $398,465. During May the price had a slight fall till $350,686. During the following two months (June, July) the price has had an average incrementation from $374,575.5 to $411,685. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $410,886 they are 44 % more affordable than the average price for Granite Falls. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $386,019.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $204 / sq.feet, with an average $236 / sq.feet price in Granite Falls. The properties with the highest average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 2 bedrooms with a price at $239 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $410,886 it is 54 % cheaper than the average price in Granite Falls. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $367,779 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $162 / sq.feet followed by "Commercial" priced at $188 / sq.feet. "House" is the cheapest type of property with a $225 / sq.feet value followed by "Commercial" with an average price of $188 / sq.feet.