The prices in real estate in Lower Lake, 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 Lower Lake has increased strongly during the last 6 months. In November, the average price per sq.feet was $187. In the following month the price per sq.feet increased to $197. The price for the following two months in (January, February) had a considerable increment of 133 %. The price per sq.feet has increased 111 % 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 $224 to $249.5 during March, and April.
Based upon to the price in Lower Lake (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $324,212. In December This price remains at $336,733. During the following two months (January, February) the average price had a considerable increase of 129 % 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 108 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 3 % more costly than the average price of $405,878 in Lower Lake. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 3 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 10 % more costly than the average price of ($270 / sq.feet) in Lower Lake. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 10 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $394,189 it is 3 % more expensive than the average price in Lower Lake. "Apartment" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "House". At a price of $405,878 it is 4 % 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 $182 / sq.feet followed by "House" priced at $270 / sq.feet. "House" is the most costly type of property with a $270 / sq.feet cost followed by "Apartment" with an average price of $182 / sq.feet.