The prices in real estate in Woodlake, in the California 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 Woodlake has increased strongly during the last 6 months. In January, the average price per sq.feet was $208. In the following month the price per sq.feet increased considerably to $410. The price for the following two months in (March, April) had a considerable increment of 127 %. The price per sq.feet has had a considerable deflation of 83 % 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 $350.25 to $291.5 during May, and June.
Based upon to the price in Woodlake (cities), this has fallen considerably in the last 6 months. The average price for January is $1,155,188. During February the price had a considerable reduction till $599,485. During the following two months (March, April) the average price had a considerable reduction of 60 % 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 $702,177.5 to $462,013.5, which means a 66 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $465,758 they are 35 % more affordable than the average price for Woodlake. The properties with the highest average price have 1 bedroom, Their price is 27 % more costly than the average. After that we have properties with 4 bedrooms priced at $419,379.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $184 / sq.feet, with an average $231 / sq.feet price in Woodlake. The properties with the highest average prices have 1 bedroom. They are 634 % more expensive than the average followed by properties with 2 bedrooms with a price at $334 / sq.feet.
With regard to the average price based upon the property in Woodlake we can see that most expensive property type is "House" at a price of $642,668, they are 38 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 38 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $352 / sq.feet. "House" at an average price of $352 / sq.feet has the most expensive price and would be directed at more affluent cities.