Property prices for sale in Medical Lake (Washington)

The prices in real estate in Medical Lake, in the Washington region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$494,714.83
Average price last 6 months
$9,501.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Medical Lake has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $30,032. In the following month the price per sq.feet decreased considerably to $903. The price for the following two months in (May, June) had a considerable decrease of 16 with regard to the prior two months. The price per sq.feet has had a considerable increase of 117 % 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 $8,986.25 to $10,532 during July, and August.

Average price

Based upon to the price in Medical Lake (cities), this has gone up in the last 6 months. The average price during our first sample month during March, is $450,790. During April the price went through a considerable rise reaching $536,777. In the following two months the average price has remained the same with regard to the previous two months from $493,783.5 to $516,913. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $505,348.25 to $473,448 in July and August.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $467,190 they are 87 % more affordable than the average price for Medical Lake. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $451,454.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $104 / sq.feet, with an average $10,306 / sq.feet price in Medical Lake. The properties with the lowest average prices have 3 bedrooms. They are 97 % cheaper than the average followed by properties with 2 bedrooms with a price at $260 / sq.feet.

Price per property type

With regard to the average price based upon the property in Medical Lake we can see that most expensive property type is "House" at a price of $585,695, they are 25 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 25 % more expensive 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 $260 / sq.feet. "House" with an average cost of $260 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Medical Lake
Number of properties used in region Washington
$467,190
$10,306
368
385,152
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value