The prices in real estate in Lakehead, in the California 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 Lakehead has increased strongly during the last 6 months. In October, the average price per sq.feet was $232. In the following month the price per sq.feet decreased to $219. The price for the following two months in (December, January) had a considerable increment of 937 %. The price per sq.feet has had a considerable increase of 132 % 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 $1,169 to $1,546 during February, and March.
Based upon to the price in Lakehead (cities), this has gone up in the last 6 months. The average price for October is $393,481. During November the price had a slight fall till $349,262. During the following two months (December, January) the average price had a considerable increase of 120 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $422,932 they are 57 % more affordable than the average price for Lakehead. The properties with the highest average price have 3 bedrooms, Their price is 32 % more costly than the average. After that we have properties with 2 bedrooms priced at $342,613.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $111 / sq.feet, with an average $2,839 / sq.feet price in Lakehead. The properties with the lowest average prices have 3 bedrooms. They are 93 % cheaper than the average followed by properties with 2 bedrooms with a price at $183 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $422,932 it is 9 % cheaper than the average price in Lakehead. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $386,667 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $149 / sq.feet followed by "House" priced at $183 / sq.feet. "House" is the cheapest type of property with a $183 / sq.feet value followed by "Apartment" with an average price of $149 / sq.feet.