Property prices for sale in Lower Lake (California)
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 October, the average price per sq.feet was $324. In the following month the price per sq.feet increased to $368. The price for the following two months in (December, January) had a considerable increment of 593 %. The price per sq.feet has had a considerable increase of 284 % 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 $1,199.25 to $3,411.5 during February, and March.
Based upon to the price in Lower Lake (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $543,025. In November This price remains at $536,046. In the following two months the average price has remained the same with regard to the previous two months from $539,535.5 to $531,533. 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 $535,534.25 and $539,663.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $513,191 they are 20 % more affordable than the average price for Lower Lake. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 2 bedrooms priced at $624,522.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $305 / sq.feet, with an average $6,470 / sq.feet price in Lower Lake. The properties with the lowest average prices have 1 bedroom. They are 91 % cheaper than the average followed by properties with 2 bedrooms with a price at $448 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $513,191 it is 24 % cheaper than the average price in Lower Lake. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $387,742 it is 13 % 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 $123 / sq.feet followed by "House" priced at $330 / sq.feet. "House" is the cheapest type of property with a $330 / sq.feet value followed by "Apartment" with an average price of $123 / sq.feet.
