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 July, the average price per sq.feet was $150. In August this price pretty much remained the same at a value of $148 per sq.feet. The price for the following two months in (September, October) had a considerable increment of 306 %. The price per sq.feet has had a considerable increase of 356 % 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 $302.25 to $1,077.5 during November, and December.
Based upon to the price in Medical Lake (cities), this has gone up considerably in the last 6 months. The price in July is $315,150, rising in August till $354,628. During the following two months (September, October) the average price had a considerable increase of 266 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 341 % 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 $476,333 they are 46 % more affordable than the average price for Medical Lake. The properties with the lowest average price have 1 bedroom, Their price is 45 % cheaper than the average. After that we have properties with 2 bedrooms priced at $259,521.
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 $206 / sq.feet price in Medical Lake. The properties with the lowest average prices have 2 bedrooms. They are 41 % cheaper than the average followed by properties with 1 bedroom with a price at $109 / 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 $259,521, they are 46 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 46 % 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 $122 / sq.feet. "House" with an average cost of $122 / sq.feet has the lowest price and would be directed at less affluent cities.