Property prices for sale in Medical Lake (Washington)
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 February, the average price per sq.feet was $213. In March this price pretty much remained the same at a value of $208 per sq.feet. The price for the following two months in (April, May) had a considerable increment of 118 %. The price per sq.feet has had a considerable increase of 123 % 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 $229.75 to $281.5 during June, and July.
Based upon to the price in Medical Lake (cities), these have remained the same in the last 6 months. The average price for February is $458,455. During March the price had a considerable reduction till $333,266. In the following two months the average price has remained the same with regard to the previous two months from $395,860.5 to $410,830. Based on an analysis of the first four prices and the last two months the average price has risen strongly 138 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $539,522 they are 88 % more affordable than the average price for Medical Lake. The properties with the highest average price have 3 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 4 bedrooms priced at $474,050.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $119 / sq.feet, with an average $273 / sq.feet price in Medical Lake. The properties with the highest average prices have 3 bedrooms. They are 53 % more expensive than the average followed by properties with 4 bedrooms with a price at $277 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $539,522 it is 53 % cheaper than the average price in Medical Lake. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $254,625 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $103 / sq.feet followed by "House" priced at $279 / sq.feet. "House" is the most costly type of property with a $279 / sq.feet cost followed by "Land" with an average price of $103 / sq.feet.
