The prices in real estate in Medical Lake, 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 Medical Lake has increased strongly during the last 6 months. In January, the average price per sq.feet was $212. In February this price pretty much remained the same at a value of $202 per sq.feet. The price for the following two months in (March, April) decreased 89 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 751 % 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 $195.25 to $1,465.5 during May, and June.
Based upon to the price in Medical Lake (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $263,000. During February the price went through a considerable rise reaching $449,653. During the following two months (March, April) the price has had an average incrementation from $356,326.5 to $386,115. Based on an analysis of the first four prices and the last two months the average price has risen strongly 144 % 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 $689,350 they are 63 % more affordable than the average price for Medical Lake. The properties with the lowest average price have 1 bedroom, Their price is 62 % cheaper than the average. After that we have properties with 2 bedrooms priced at $257,964.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $103 / sq.feet, with an average $2,687 / sq.feet price in Medical Lake. The properties with the lowest average prices have 2 bedrooms. They are 96 % cheaper than the average followed by properties with 1 bedroom with a price at $103 / sq.feet.
With regard to the average price based upon the property in Medical Lake we can see that the cheapest property type is "House" at a price of $257,964, they are 63 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 63 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $116 / sq.feet. "House" with an average cost of $116 / sq.feet has the lowest price and would be directed at less affluent cities.