The prices in real estate in Clearwater, 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 Clearwater has increased strongly during the last 6 months. In May, the average price per sq.feet was $238. In the following month the price per sq.feet decreased considerably to $200. The price for the following two months in (July, August) had a considerable increment of 221 %. The price per sq.feet has had a considerable deflation of 47 % 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 $352 to $164.5 during September, and October.
Based upon to the price in Clearwater (cities), these have remained the same in the last 6 months. The average price for May is $261,877. During June the price had a considerable reduction till $194,369. In the following two months the average price has remained the same with regard to the previous two months from $228,123 to $235,943.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 129 % 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 $302,737 they are 67 % more affordable than the average price for Clearwater. The properties with the highest average price have 4 bedrooms, Their price is 232 % more costly than the average. After that we have properties with 3 bedrooms priced at $376,492.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $161 / sq.feet, with an average $176 / sq.feet price in Clearwater. The properties with the highest average prices have 4 bedrooms. They are 88 % more expensive than the average followed by properties with 3 bedrooms with a price at $204 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $302,737 it is 37 % cheaper than the average price in Clearwater. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $312,705 it is 102 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $139 / sq.feet followed by "House" priced at $170 / sq.feet. "Commercial" is the most costly type of property with a $2,868 / sq.feet cost followed by "Townhouse" with an average price of $315 / sq.feet.