The prices in real estate in Apopka, in the Florida region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Apopka has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $728. In the following month the price per sq.feet decreased considerably to $123. The price for the following two months in (September, October) had a considerable decrease of 30 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 45 % 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 $277 to $124 during November, and December.
Based upon to the price in Apopka (cities), this has gone downing the last 6 months. The average price for July is $319,777. During August the price had a slight fall till $276,717. In the following two months the average price has remained the same with regard to the previous two months from $298,247 to $288,669. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $293,458 to $253,068 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $237,428 they are 47 % more affordable than the average price for Apopka. The properties with the highest average price have 4 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 3 bedrooms priced at $253,391.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $125 / sq.feet, with an average $126 / sq.feet price in Apopka. The properties with the highest average prices have 1 bedroom. They are 92 % more expensive than the average followed by properties with 3 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 $237,428 it is 31 % cheaper than the average price in Apopka. "Office" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $296,195 it is 33 % 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 $111 / sq.feet followed by "Office" priced at $114 / sq.feet. "Commercial" is the most costly type of property with a $161 / sq.feet cost followed by "House" with an average price of $135 / sq.feet.