The prices in real estate in Deland, 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 Deland has increased strongly during the last 6 months. In March, the average price per sq.feet was $165. In the following month the price per sq.feet increased considerably to $557. The price for the following two months in (May, June) had a considerable decrease of 64 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 81 % 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 $296.75 to $241 during July, and August.
Based upon to the price in Deland (cities), these have remained the same in the last 6 months. The average price during our first sample month during March, is $350,698. During April the price went through a considerable rise reaching $703,577. During the following two months (May, June) the average price had a considerable reduction of 50 % 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 $395,214.75 to $280,296, which means a 71 % 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 $235,848 they are 0 % more expensive than the average price for Deland. Following this ranking we find those properties with 2 at an average price of $277,713. The properties with the highest average price have 4 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 1 bedroom priced at $280,577.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $107 / sq.feet, with an average $135 / sq.feet price in Deland. The properties with the highest average prices have 2 bedrooms. They are 30 % more expensive than the average followed by properties with 3 bedrooms with a price at $128 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most costly one. At an cost of $235,848 it is 3 % more expensive than the average price in Deland. "House" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "Commercial". At a price of $256,108 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $103 / sq.feet followed by "House" priced at $114 / sq.feet. "Apartment" is the cheapest type of property with a $126 / sq.feet value followed by "Commercial" with an average price of $121 / sq.feet.