Property prices for sale in Lopez Island (Washington)
The prices in real estate in Lopez Island, in the Washington 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 Lopez Island has increased strongly during the last 6 months. In October, the average price per sq.feet was $604. In the following month the price per sq.feet increased to $668. The price for the following two months in (December, January) had a considerable increment of 3594 %. The price per sq.feet has had a considerable increase of 166 % 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 $11,745.5 to $19,505.5 during February, and March.
Based upon to the price in Lopez Island (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $1,145,476. In November This price remains at $1,173,266. In the following two months the average price has remained the same with regard to the previous two months from $1,159,371 to $1,134,323.5. During the last two months the average price has had a strong fall compared to the previous four going from $1,146,847.25 to $950,840.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $962,700 they are 8 % more affordable than the average price for Lopez Island. The properties with the highest average price have 1 bedroom, Their price is 43 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,369,286.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $421 / sq.feet, with an average $38,461 / sq.feet price in Lopez Island. The properties with the lowest average prices have 2 bedrooms. They are 98 % cheaper than the average followed by properties with 1 bedroom with a price at $551 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $962,700 it is 37 % cheaper than the average price in Lopez Island. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $611,000 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $516 / sq.feet followed by "Land" priced at $243,214 / sq.feet. "Land" is the most costly type of property with a $243,214 / sq.feet cost followed by "House" with an average price of $516 / sq.feet.
