The prices in real estate in Fernandina Beach, in the Florida region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Fernandina Beach has remained the same in the last 6 months. In December, the average price per sq.feet was $325. In January this price pretty much remained the same at a value of $335 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $330 to $318 per sq.feet. The price per sq.feet has increased 110 % 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 $324 to $355.5 during April, and May.
Based upon to the price in Fernandina Beach (cities), these have remained the same in the last 6 months. In our first sample month during December, the average price is $739,309. In January This price remains at $721,066. In the following two months the average price has remained the same with regard to the previous two months from $730,187.5 to $738,743. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $794,412 they are 55 % more affordable than the average price for Fernandina Beach. The properties with the lowest average price have 4 bedrooms, Their price is 25 % cheaper than the average. After that we have properties with 3 bedrooms priced at $517,403.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $208 / sq.feet, with an average $336 / sq.feet price in Fernandina Beach. The properties with the highest average prices have 1 bedroom. They are 36 % more expensive than the average followed by properties with 2 bedrooms with a price at $305 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $794,412 it is 60 % cheaper than the average price in Fernandina Beach. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $599,951 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $100 / sq.feet followed by "Condo" priced at $117 / sq.feet. "House" is the most costly type of property with a $407 / sq.feet cost followed by "Apartment" with an average price of $260 / sq.feet.