Property prices for sale in Lucerne (California)
The prices in real estate in Lucerne, 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 Lucerne has increased strongly during the last 6 months. In October, the average price per sq.feet was $229. In November this price pretty much remained the same at a value of $220 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $224.5 to $236 per sq.feet. The price per sq.feet has had a considerable increase of 460 % 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 $230.25 to $1,059 during February, and March.
Based upon to the price in Lucerne (cities), these have remained the same in the last 6 months. The average price for October is $378,422. During November the price had a slight fall till $339,380. During the following two months (December, January) the average price fell 95 % 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 114 % 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 $349,446 they are 30 % more affordable than the average price for Lucerne. The properties with the highest average price have 4 bedrooms, Their price is 66 % more costly than the average. After that we have properties with 3 bedrooms priced at $337,780.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $223 / sq.feet, with an average $1,866 / sq.feet price in Lucerne. The properties with the lowest average prices have 1 bedroom. They are 83 % cheaper than the average followed by properties with 2 bedrooms with a price at $257 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $349,446 it is 63 % cheaper than the average price in Lucerne. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $401,231 it is 275 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $113 / sq.feet followed by "House" priced at $264 / sq.feet. "Land" is the most costly type of property with a $60,472 / sq.feet cost followed by "House" with an average price of $264 / sq.feet.
