The prices in real estate in Lynwood, in the California region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Lynwood has remained the same in the last 6 months. In November, the average price per sq.feet was $255. In December this price pretty much remained the same at a value of $254 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $254.5 to $252 per sq.feet. The price per sq.feet has decreased 92 % 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 $253.25 to $232.5 during March, and April.
Based upon to the price in Lynwood (cities), these have remained the same in the last 6 months. The price in November is $397,981, rising in December till $418,576. In the following two months the average price has remained the same with regard to the previous two months from $408,278.5 to $414,425. 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 $411,351.75 and $399,039 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $407,669 they are 13 % more affordable than the average price for Lynwood. The properties with the lowest average price have 2 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 4 bedrooms priced at $399,372.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $182 / sq.feet, with an average $238 / sq.feet price in Lynwood. The properties with the highest average prices have 2 bedrooms. They are 75 % more expensive than the average followed by properties with 1 bedroom with a price at $412 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $407,669 it is 33 % cheaper than the average price in Lynwood. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial Property". At a price of $345,329 it is 12 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $169 / sq.feet followed by "Apartment" priced at $188 / sq.feet. "Commercial Property" is the most costly type of property with a $367 / sq.feet cost followed by "House" with an average price of $206 / sq.feet.