Property prices for sale in Mead (Washington)
The prices in real estate in Mead, in the Washington 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 Mead has increased strongly during the last 6 months. In October, the average price per sq.feet was $235. In November this price pretty much remained the same at a value of $238 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 171 %. The price per sq.feet has had a considerable increase of 520 % 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 $320 to $1,664 during February, and March.
Based upon to the price in Mead (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $437,503. In November This price remains at $438,000. In the following two months the average price has remained the same with regard to the previous two months from $437,751.5 to $453,514. 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 $445,632.75 and $429,980 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $417,919 they are 84 % more affordable than the average price for Mead. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 3 bedrooms priced at $416,344.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $64 / sq.feet, with an average $3,067 / sq.feet price in Mead. The properties with the lowest average prices have 1 bedroom. They are 83 % cheaper than the average followed by properties with 3 bedrooms with a price at $237 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $417,919 it is 43 % cheaper than the average price in Mead. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $304,106 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $56 / sq.feet followed by "Farm" priced at $64 / sq.feet. "House" is the cheapest type of property with a $227 / sq.feet value followed by "Farm" with an average price of $64 / sq.feet.
