The prices in real estate in Kenmore, 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 Kenmore has fallen in the last 6 months. In July, the average price per sq.feet was $330. In August this price pretty much remained the same at a value of $336 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $333 to $326 per sq.feet. The price per sq.feet has had a considerable deflation of 80 % 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 $329.5 to $265 during November, and December.
Based upon to the price in Kenmore (cities), this has fallen considerably in the last 6 months. The average price for July is $893,370. During August the price had a considerable reduction till $730,453. During the following two months (September, October) the average price had a considerable reduction of 83 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $743,386.5 to $455,146, which means a 61 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $381,557 they are 60 % more expensive than the average price for Kenmore. Following this ranking we find those properties with 4 at an average price of $639,174. The properties with the highest average price have 3 bedrooms, Their price is 69 % more costly than the average. After that we have properties with 4 bedrooms priced at $639,174.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $293 / sq.feet, with an average $234 / sq.feet price in Kenmore. The properties with the highest average prices have 1 bedroom. They are 43 % more expensive than the average followed by properties with 3 bedrooms with a price at $326 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $381,557 it is 6 % cheaper than the average price in Kenmore. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $792,953 it is 149 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Land" at an average cost of $284 / sq.feet followed by "Condo" priced at $351 / sq.feet. "House" is the most costly type of property with a $391 / sq.feet cost followed by "Townhouse" with an average price of $385 / sq.feet.