Property prices for sale in Lynwood (California)
The prices in real estate in Lynwood, 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 Lynwood has increased strongly during the last 6 months. In November, the average price per sq.feet was $251. In the following month the price per sq.feet increased considerably to $295. The price for the following two months in (January, February) had a considerable increment of 126 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $308.75 to $298 during March y April
Based upon to the price in Lynwood (cities), this has gone up in the last 6 months. The price in November is $448,965, rising in December till $500,149. During the following two months (January, February) the average price fell 90 % 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 126 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $549,440 they are 36 % more affordable than the average price for Lynwood. The properties with the highest average price have 2 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 4 bedrooms priced at $512,892.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $236 / sq.feet, with an average $291 / sq.feet price in Lynwood. The properties with the highest average prices have 2 bedrooms. They are 85 % more expensive than the average followed by properties with 1 bedroom with a price at $435 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $549,440 it is 72 % cheaper than the average price in Lynwood. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Apartment". At a price of $533,697 it is 37 % 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 $124 / sq.feet followed by "Townhouse" priced at $156 / sq.feet. "Commercial Property" is the most costly type of property with a $331 / sq.feet cost followed by "Apartment" with an average price of $283 / sq.feet.
