Property prices for sale in Fernandina Beach (Florida)
The prices in real estate in Fernandina Beach, 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 Fernandina Beach has increased during the last 6 months. In October, the average price per sq.feet was $366. In November this price pretty much remained the same at a value of $379 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $372.5 to $405.5 per sq.feet. The price per sq.feet has increased 114 % 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 $389 to $445 during February, and March.
Based upon to the price in Fernandina Beach (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $683,393. In November This price remains at $715,576. During the following two months (December, January) the average price had a considerable increase of 123 % 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 116 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $898,548 they are 19 % more affordable than the average price for Fernandina Beach. The properties with the highest average price have 1 bedroom, Their price is 49 % more costly than the average. After that we have properties with 4 bedrooms priced at $960,416.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $346 / sq.feet, with an average $440 / sq.feet price in Fernandina Beach. The properties with the highest average prices have 1 bedroom. They are 91 % more expensive than the average followed by properties with 2 bedrooms with a price at $590 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $898,548 it is 50 % cheaper than the average price in Fernandina Beach. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Townhouse". At a price of $1,065,000 it is 39 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $330 / sq.feet followed by "House" priced at $394 / sq.feet. "Land" is the most costly type of property with a $261,686 / sq.feet cost followed by "Condo" with an average price of $599 / sq.feet.
