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 October, the average price per sq.feet was $238. In the following month the price per sq.feet increased to $254. The price for the following two months in (December, January) had a considerable increment of 1474 %. The price per sq.feet has had a considerable increase of 781 % 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 $1,935.75 to $15,120.5 during February, and March.
Based upon to the price in Medical Lake (cities), this has fallen considerably in the last 6 months. The price in October is $638,774, rising in November till $698,015. During the following two months (December, January) the average price had a considerable reduction of 78 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $594,211 to $446,634.5, which means a 75 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $450,790 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 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $453,720.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $109 / sq.feet, with an average $30,032 / sq.feet price in Medical Lake. The properties with the lowest average prices have 3 bedrooms. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $265 / 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 $588,635, they are 31 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 31 % 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 $265 / sq.feet. "House" with an average cost of $265 / sq.feet has the lowest price and would be directed at less affluent cities.