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 March, the average price per sq.feet was $440. In the following month the price per sq.feet decreased to $414. In the following two months the price per sq.feet has increased 105 %, going from $427 to $449 per sq.feet. The price per sq.feet has decreased 95 % 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 $438 to $415 during July, and August.
Based upon to the price in Fernandina Beach (cities), these have remained the same in the last 6 months. The price in March is $898,548, rising in April till $1,004,246. In the following two months the average price has remained the same with regard to the previous two months from $951,397 to $998,000. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $974,698.5 to $840,581.5 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $803,886 they are 22 % more affordable than the average price for Fernandina Beach. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 3 bedrooms priced at $766,856.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $312 / sq.feet, with an average $409 / sq.feet price in Fernandina Beach. The properties with the highest average prices have 1 bedroom. They are 71 % more expensive than the average followed by properties with 2 bedrooms with a price at $527 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $803,886 it is 48 % cheaper than the average price in Fernandina Beach. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Townhouse". At a price of $1,036,550 it is 55 % 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 $325 / sq.feet followed by "Townhouse" priced at $338 / sq.feet. "Land" is the most costly type of property with a $343,039 / sq.feet cost followed by "Condo" with an average price of $596 / sq.feet.