The prices in real estate in Davie, 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 Davie has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $834. In the following month the price per sq.feet decreased considerably to $342. The price for the following two months in (April, May) had a considerable decrease of 40 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 37 % 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 $410.25 to $152 during June, and July.
Based upon to the price in Davie (cities), this has fallen considerably in the last 6 months. The average price for February is $564,826. During March the price had a slight fall till $509,133. During the following two months (April, May) the average price had a considerable reduction of 78 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $476,756.75 to $260,943.5, which means a 55 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 144 % more costly than the average price of $653,136 in Davie. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 144 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 673 % more costly than the average price of ($1,252 / sq.feet) in Davie. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 673 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Condo" as the most costly one. At an cost of $267,682 it is 3 % more expensive than the average price in Davie. "Commercial" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Commercial". At a price of $409,835 it is 144 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $267 / sq.feet followed by "Commercial" priced at $557 / sq.feet. "Apartment" is the most costly type of property with a $1,252 / sq.feet cost followed by "Commercial" with an average price of $557 / sq.feet.