The prices in real estate in Newman 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 Newman Lake has increased strongly during the last 6 months. In December, the average price per sq.feet was $189. In the following month the price per sq.feet increased considerably to $239. The price for the following two months in (February, March) had a considerable increment of 120 %. The price per sq.feet has had a considerable increase of 359 % 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 $235.25 to $844.5 during April, and May.
Based upon to the price in Newman Lake (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during December, is $666,887. During January the price went through a considerable rise reaching $1,013,580. During the following two months (February, March) the average price had a considerable increase of 121 % 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 146 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 72 % cheaper than the average price of $448,674 in Newman Lake. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 72 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 90 % cheaper than the average price of ($138 / sq.feet) in Newman Lake. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 90 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Newman Lake we can see that the cheapest property type is "House" at a price of $448,674, they are 72 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 72 % 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 $138 / sq.feet. "House" with an average cost of $138 / sq.feet has the lowest price and would be directed at less affluent cities.