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 May, the average price per sq.feet was $99. In the following month the price per sq.feet increased to $105. In the following two months the price per sq.feet has barely changed, going from $102 to $103 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 $102.5 to $104 during September y October
Based upon to the price in Lake Wales (cities), this has gone up in the last 6 months. In our first sample month during May, the average price is $158,171. In June This price remains at $160,059. During the following two months (July, August) the price has had an average incrementation from $159,115 to $171,702.5. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $182,606 they are 56 % more affordable than the average price for Lake Wales. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $193,257.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $77 / sq.feet, with an average $105 / sq.feet price in Lake Wales. The properties with the highest average prices have 3 bedrooms. They are 12 % more expensive than the average followed by properties with 4 bedrooms with a price at $109 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $182,606 it is 58 % cheaper than the average price in Lake Wales. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $190,452 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 $63 / sq.feet followed by "Farm" priced at $79 / sq.feet. "Townhouse" is the most costly type of property with a $314 / sq.feet cost followed by "House" with an average price of $110 / sq.feet.