The prices in real estate in Fort Myers, in the Florida 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 Fort Myers has fallen in the last 6 months. In September, the average price per sq.feet was $823. In the following month the price per sq.feet decreased to $762. In the following two months the price per sq.feet has increased 111 %, going from $792.5 to $881 per sq.feet. The price per sq.feet has had a considerable deflation of 77 % 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 $836.75 to $642.5 during January, and February.
Based upon to the price in Fort Myers (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is $421,603. During October the price went through a considerable rise reaching $518,429. During the following two months (November, December) the price has had an average incrementation from $470,016 to $530,143.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $500,079.75 and $494,465 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $554,002 they are 72 % more affordable than the average price for Fort Myers. The properties with the highest average price have 4 bedrooms, Their price is 53 % more costly than the average. After that we have properties with 3 bedrooms priced at $597,192.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $234 / sq.feet, with an average $925 / sq.feet price in Fort Myers. The properties with the highest average prices have 4 bedrooms. They are 95 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,053 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $554,002 it is 35 % cheaper than the average price in Fort Myers. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $454,977 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $247 / sq.feet followed by "Apartment" priced at $259 / sq.feet. "Duplex" is the most costly type of property with a $1,470 / sq.feet cost followed by "House" with an average price of $1,294 / sq.feet.