The prices in real estate in Walla Walla, 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 Walla Walla has increased strongly during the last 6 months. In March, the average price per sq.feet was $154. In April this price pretty much remained the same at a value of $152 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $153 to $160 per sq.feet. The price per sq.feet has had a considerable increase of 191 % 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 $156.5 to $299.5 during July, and August.
Based upon to the price in Walla Walla (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $323,018. During April the price went through a considerable rise reaching $373,239. During the following two months (May, June) the average price had a considerable increase of 122 % 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 113 % 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 $492,477 they are 35 % more affordable than the average price for Walla Walla. The properties with the highest average price have 1 bedroom, Their price is 4 % more costly than the average. After that we have properties with 2 bedrooms priced at $319,993.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $143 / sq.feet, with an average $170 / sq.feet price in Walla Walla. The properties with the highest average prices have 1 bedroom. They are 352 % more expensive than the average followed by properties with 2 bedrooms with a price at $143 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $492,477 it is 39 % cheaper than the average price in Walla Walla. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Office" followed by "Apartment". At a price of $319,993 it is 23 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $69 / sq.feet followed by "Apartment" priced at $143 / sq.feet. "Office" is the most costly type of property with a $223 / sq.feet cost followed by "Apartment" with an average price of $143 / sq.feet.