The prices in real estate in Fort Myers, in the Florida region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Fort Myers has increased strongly during the last 6 months. In October, the average price per sq.feet was $154. In the following month the price per sq.feet increased considerably to $218. In the following two months the price per sq.feet has barely changed, going from $186 to $179 per sq.feet. The price per sq.feet has had a considerable increase of 690 % 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 $182.5 to $1,260 during February, and March.
Based upon to the price in Fort Myers (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $317,614. During November the price went through a considerable rise reaching $562,256. During the following two months (December, January) the average price fell 88 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $412,680.5 to $370,214 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $346,955 they are 73 % more affordable than the average price for Fort Myers. The properties with the highest average price have 4 bedrooms, Their price is 103 % more costly than the average. After that we have properties with 3 bedrooms priced at $397,429.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $121 / sq.feet, with an average $1,648 / sq.feet price in Fort Myers. The properties with the highest average prices have 4 bedrooms. They are 221 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,499 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $346,955 it is 44 % cheaper than the average price in Fort Myers. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $491,509 it is 256 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $151 / sq.feet followed by "Apartment" priced at $154 / sq.feet. "Townhouse" is the most costly type of property with a $11,552 / sq.feet cost followed by "Commercial" with an average price of $7,868 / sq.feet.