The prices in real estate in Bartow, in the Florida 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 Bartow has increased strongly during the last 6 months. In January, the average price per sq.feet was $94. In February this price pretty much remained the same at a value of $96 per sq.feet. The price for the following two months in (March, April) had a considerable increment of 122 %. The price per sq.feet has increased 114 % 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 $105.25 to $119.5 during May, and June.
Based upon to the price in Bartow (cities), this has gone up in the last 6 months. In our first sample month during January, the average price is $168,760. In February This price remains at $169,761. During the following two months (March, April) the price has had an average incrementation from $169,260.5 to $194,329.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $214,122 they are 32 % more affordable than the average price for Bartow. The properties with the lowest average price have 4 bedrooms, Their price is 26 % cheaper than the average. After that we have properties with 1 bedroom priced at $146,344.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $71 / sq.feet, with an average $126 / sq.feet price in Bartow. The properties with the lowest average prices have 1 bedroom. They are 29 % cheaper than the average followed by properties with 4 bedrooms with a price at $71 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $214,122 it is 26 % cheaper than the average price in Bartow. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Commercial Property". At a price of $186,081 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $70 / sq.feet followed by "House" priced at $71 / sq.feet. "Condo" is the cheapest type of property with a $87 / sq.feet value followed by "Commercial Property" with an average price of $82 / sq.feet.