The prices in real estate in Moses 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 Moses Lake has increased strongly during the last 6 months. In March, the average price per sq.feet was $137. In April this price pretty much remained the same at a value of $139 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $138 to $143 per sq.feet. The price per sq.feet has had a considerable increase of 151 % 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 $140.5 to $212 during July, and August.
Based upon to the price in Moses Lake (cities), this has gone up considerably in the last 6 months. In our first sample month during March, the average price is $224,672. In April This price remains at $235,446. During the following two months (May, June) the average price had a considerable increase of 118 % 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 gone up 108 % 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 $278,442 they are 48 % more affordable than the average price for Moses Lake. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 1 bedroom priced at $233,663.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $128 / sq.feet, with an average $146 / sq.feet price in Moses Lake. The properties with the highest average prices have 2 bedrooms. They are 304 % more expensive than the average followed by properties with 3 bedrooms with a price at $142 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $278,442 it is 19 % cheaper than the average price in Moses Lake. "Detached House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $235,056 it is 12 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $123 / sq.feet followed by "Apartment" priced at $129 / sq.feet. "Detached House" is the cheapest type of property with a $130 / sq.feet value followed by "Apartment" with an average price of $129 / sq.feet.