The prices in real estate in Dade City, 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 Dade City has increased strongly during the last 6 months. In November, the average price per sq.feet was $150. In December this price pretty much remained the same at a value of $144 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 78 with regard to the prior two months. The price per sq.feet has had a considerable increase of 402 % 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 $131 to $526.5 during March, and April.
Based upon to the price in Dade City (cities), this has gone up considerably in the last 6 months. The average price for November is $380,837. During December the price had a slight fall till $359,953. During the following two months (January, February) the average price had a considerable reduction of 61 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 257 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $809,213 they are 12 % more expensive than the average price for Dade City. Following this ranking we find those properties with 1 at an average price of $1,131,409. The properties with the highest average price have 4 bedrooms, Their price is 187 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,932,635.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $821 / sq.feet, with an average $587 / sq.feet price in Dade City. The properties with the highest average prices have 1 bedroom. They are 211 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,320 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $809,213 it is 87 % cheaper than the average price in Dade City. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $226,342 it is 58 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $51 / sq.feet followed by "Condo" priced at $100 / sq.feet. "Commercial" is the cheapest type of property with a $456 / sq.feet value followed by "House" with an average price of $149 / sq.feet.