Property prices for sale in Lancaster (California)
The prices in real estate in Lancaster, 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 Lancaster has increased strongly during the last 6 months. In November, the average price per sq.feet was $188. In the following month the price per sq.feet increased considerably to $227. The price for the following two months in (January, February) had a considerable increment of 131 %. The price per sq.feet has had a considerable increase of 259 % 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 $239.25 to $619.5 during March, and April.
Based upon to the price in Lancaster (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $400,510. In December This price remains at $401,021. During the following two months (January, February) the price has had an average incrementation from $400,765.5 to $422,137. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $443,067 they are 31 % more affordable than the average price for Lancaster. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 1 bedroom priced at $467,250.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $225 / sq.feet, with an average $242 / sq.feet price in Lancaster. The properties with the highest average prices have 2 bedrooms. They are 17 % more expensive than the average followed by properties with 1 bedroom with a price at $268 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $443,067 it is 87 % cheaper than the average price in Lancaster. "Detached House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $408,057 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $131 / sq.feet followed by "Land" priced at $193 / sq.feet. "Townhouse" is the most costly type of property with a $480 / sq.feet cost followed by "Condo" with an average price of $294 / sq.feet.
