The prices in real estate in Lake Wales, in the Florida region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Lake Wales has remained the same in the last 6 months. In November, the average price per sq.feet was $122. In the following month the price per sq.feet increased to $131. In the following two months the price per sq.feet has barely changed, going from $126.5 to $123 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $124.75 to $124 during March y April
Based upon to the price in Lake Wales (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $183,481. During December the price went through a considerable rise reaching $215,449. During the following two months (January, February) the price has had an average incrementation from $199,465 to $222,901.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $211,183.25 and $214,700 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $240,368 they are 76 % more affordable than the average price for Lake Wales. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $213,272.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $107 / sq.feet, with an average $130 / sq.feet price in Lake Wales. The properties with the highest average prices have 3 bedrooms. They are 4 % more expensive than the average followed by properties with 4 bedrooms with a price at $128 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $240,368 it is 69 % cheaper than the average price in Lake Wales. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $187,044 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $61 / sq.feet followed by "Condo" priced at $77 / sq.feet. "Townhouse" is the most costly type of property with a $296 / sq.feet cost followed by "House" with an average price of $137 / sq.feet.