The prices in real estate in Shoreline, in the Washington region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Shoreline has fallen in the last 6 months. In April, the average price per sq.feet was $409. In May this price pretty much remained the same at a value of $414 per sq.feet. The price for the following two months in (June, July) decreased 93 % with regard to the prior two months. The price per sq.feet has decreased 93 % 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 $397 to $369 during August, and September.
Based upon to the price in Shoreline (cities), this has gone downing the last 6 months. The average price during our first sample month during April, is $978,423. During May the price went through a considerable rise reaching $1,322,825. During the following two months (June, July) the average price had a considerable reduction of 79 % 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 $1,029,573.25 to $675,565.5, which means a 66 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $657,284 they are 26 % more affordable than the average price for Shoreline. The properties with the highest average price have 3 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 4 bedrooms priced at $759,465.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $333 / sq.feet, with an average $365 / sq.feet price in Shoreline. The properties with the highest average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 4 bedrooms with a price at $360 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $657,284 it is 28 % cheaper than the average price in Shoreline. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $663,365 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $350 / sq.feet followed by "Commercial" priced at $357 / sq.feet. "House" is the most costly type of property with a $381 / sq.feet cost followed by "Commercial" with an average price of $357 / sq.feet.