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.
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.
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.
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.
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.