The prices in real estate in Debary, 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 Debary has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $1,091. In August this price pretty much remained the same at a value of $1,087 per sq.feet. The price for the following two months in (September, October) had a considerable decrease of 13 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 23 % 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 $613.25 to $143 during November, and December.
Based upon to the price in Debary (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during July, is $1,103,938. During August the price went through a considerable rise reaching $1,435,084. During the following two months (September, October) the average price had a considerable reduction of 22 % 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 $772,925.5 to $271,253, which means a 35 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $271,169 they are 11 % more expensive than the average price for Debary. Following this ranking we find those properties with 4 at an average price of $361,895. The properties with the highest average price have 1 bedroom, Their price is 225 % more costly than the average. After that we have properties with 2 bedrooms priced at $529,068.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $146 / sq.feet, with an average $145 / sq.feet price in Debary. The properties with the highest average prices have 1 bedroom. They are 737 % more expensive than the average followed by properties with 2 bedrooms with a price at $439 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $271,169 it is 66 % cheaper than the average price in Debary. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $313,762 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $16 / sq.feet followed by "Condo" priced at $103 / sq.feet. "Duplex" is the most costly type of property with a $338 / sq.feet cost followed by "Office" with an average price of $334 / sq.feet.