The prices in real estate in Fort Lauderdale, 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 Fort Lauderdale has remained the same in the last 6 months. In June, the average price per sq.feet was $1,906. In the following month the price per sq.feet increased considerably to $2,484. The price for the following two months in (August, September) had a considerable decrease of 80 with regard to the prior two months. The price per sq.feet has decreased 93 % 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 $1,978 to $1,843.5 during October, and November.
Based upon to the price in Fort Lauderdale (cities), these have remained the same in the last 6 months. The average price for June is $1,206,567. During July the price had a slight fall till $1,135,712. During the following two months (August, September) the price has had an average incrementation from $1,171,139.5 to $1,341,793. 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 $1,256,466.25 to $1,082,247.5 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,166,750 they are 67 % more affordable than the average price for Fort Lauderdale. The properties with the highest average price have 4 bedrooms, Their price is 53 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,047,869.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $481 / sq.feet, with an average $2,179 / sq.feet price in Fort Lauderdale. The properties with the lowest average prices have 4 bedrooms. They are 70 % cheaper than the average followed by properties with 3 bedrooms with a price at $519 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $1,166,750 it is 45 % cheaper than the average price in Fort Lauderdale. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Villa". At a price of $1,699,636 it is 74 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $568 / sq.feet followed by "Townhouse" priced at $1,462 / sq.feet. "Villa" is the most costly type of property with a $7,313 / sq.feet cost followed by "Land" with an average price of $3,390 / sq.feet.