The prices in real estate in Defuniak Springs, in the Florida region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Defuniak Springs has increased during the last 6 months. In January, the average price per sq.feet was $149. In February this price pretty much remained the same at a value of $144 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from $146.5 to $161 per sq.feet. The price per sq.feet has increased 106 % 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 $153.75 to $163 during May, and June.
Based upon to the price in Defuniak Springs (cities), this has gone up in the last 6 months. In our first sample month during January, the average price is $226,851. In February This price remains at $221,116. During the following two months (March, April) the price has had an average incrementation from $223,983.5 to $253,541.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $238,762.5 and $248,712 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $258,814 they are 61 % more affordable than the average price for Defuniak Springs. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 3 bedrooms priced at $236,484.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $121 / sq.feet, with an average $165 / sq.feet price in Defuniak Springs. The properties with the highest average prices have 4 bedrooms. They are 5 % more expensive than the average followed by properties with 3 bedrooms with a price at $172 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $258,814 it is 92 % cheaper than the average price in Defuniak Springs. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $83,534 it is 1 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $4 / sq.feet followed by "Condo" priced at $52 / sq.feet. "House" is the cheapest type of property with a $165 / sq.feet value followed by "Condo" with an average price of $52 / sq.feet.