The prices in real estate in Lynden, in the Washington region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Lynden has fallen in the last 6 months. In October, the average price per sq.feet was $276. In the following month the price per sq.feet decreased to $248. The price for the following two months in (December, January) decreased 92 % with regard to the prior two months. The price per sq.feet has increased 105 % 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 $251.5 to $265 during February, and March.
Based upon to the price in Lynden (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $398,461. During November the price went through a considerable rise reaching $500,683. During the following two months (December, January) the average price had a considerable increase of 139 % 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 risen strongly 116 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $636,204 they are 70 % more affordable than the average price for Lynden. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $512,744.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $217 / sq.feet, with an average $282 / sq.feet price in Lynden. The properties with the highest average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $238 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $636,204 it is 65 % cheaper than the average price in Lynden. "Commercial" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $512,304 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $171 / sq.feet followed by "House" priced at $235 / sq.feet. "Condo" is the most costly type of property with a $311 / sq.feet cost followed by "House" with an average price of $235 / sq.feet.