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 October, the average price per sq.feet was $227. In the following month the price per sq.feet decreased considerably to $188. The price for the following two months in (December, January) had a considerable increment of 129 %. 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 $237.5 to $615.5 during February, and March.
Based upon to the price in Lancaster (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $405,248. In November This price remains at $400,510. In the following two months the average price has remained the same with regard to the previous two months from $402,879 to $411,105. 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 $406,992 and $424,502.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $425,920 they are 32 % more affordable than the average price for Lancaster. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at $443,479.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $302 / sq.feet, with an average $997 / sq.feet price in Lancaster. The properties with the highest average prices have 3 bedrooms. They are 32 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,099 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $425,920 it is 84 % 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 $406,276 it is 18 % 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 $132 / sq.feet followed by "Land" priced at $222 / sq.feet. "House" is the most costly type of property with a $1,705 / sq.feet cost followed by "Townhouse" with an average price of $481 / sq.feet.
