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 June, the average price per sq.feet was $264. In the following month the price per sq.feet increased to $293. In the following two months the price per sq.feet has barely changed, going from $278.5 to $290.5 per sq.feet. The price per sq.feet has had a considerable deflation of 83 % 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 $284.5 to $235.5 during October, and November.
Based upon to the price in Fernandina Beach (cities), this has gone downing the last 6 months. The price in June is $605,417, rising in July till $641,770. In the following two months the average price has remained the same with regard to the previous two months from $623,593.5 to $608,441.5. During the last two months the average price has had a strong fall compared to the previous four going from $616,017.5 to $468,410, which means a 76 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $473,554 they are 34 % more affordable than the average price for Fernandina Beach. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $491,678.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $212 / sq.feet, with an average $248 / sq.feet price in Fernandina Beach. The properties with the highest average prices have 1 bedroom. They are 31 % more expensive than the average followed by properties with 2 bedrooms with a price at $263 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $473,554 it is 32 % cheaper than the average price in Fernandina Beach. "Commercial" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $444,432 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $118 / sq.feet followed by "Commercial" priced at $139 / sq.feet. "Condo" is the most costly type of property with a $308 / sq.feet cost followed by "House" with an average price of $221 / sq.feet.