The prices in real estate in Bell, 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 Bell has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $907. In the following month the price per sq.feet decreased considerably to $373. The price for the following two months in (February, March) had a considerable decrease of 42 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 74 % 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 $453 to $333.5 during April, and May.
Based upon to the price in Bell (cities), this has fallen considerably in the last 6 months. The average price for December is $1,149,780. During January the price had a considerable reduction till $527,785. During the following two months (February, March) the average price had a considerable reduction of 46 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $613,142.25 to $570,527 in April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $547,895 they are 60 % more affordable than the average price for Bell. The properties with the highest average price have 3 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 4 bedrooms priced at $729,800.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $273 / sq.feet, with an average $323 / sq.feet price in Bell. The properties with the highest average prices have 3 bedrooms. They are 58 % more expensive than the average followed by properties with 1 bedroom with a price at $442 / sq.feet.
With regard to the average price based upon the property in Bell we can see that most expensive property type is "House" at a price of $708,283, they are 29 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 29 % 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 $426 / sq.feet. "House" at an average price of $426 / sq.feet has the most expensive price and would be directed at more affluent cities.