The prices in real estate in Fort Myers Beach, 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 Beach has increased strongly during the last 6 months. In February, the average price per sq.feet was $439. In the following month the price per sq.feet increased considerably to $548. In the following two months the price per sq.feet has barely changed, going from $493.5 to $484.5 per sq.feet. The price per sq.feet has increased 108 % 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 $489 to $528.5 during June, and July.
Based upon to the price in Fort Myers Beach (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $749,209. During March the price went through a considerable rise reaching $972,070. In the following two months the average price has remained the same with regard to the previous two months from $860,639.5 to $835,584. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $837,772 they are 19 % more affordable than the average price for Fort Myers Beach. The properties with the highest average price have 4 bedrooms, Their price is 164 % more costly than the average. After that we have properties with 1 bedroom priced at $1,798,500.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $373 / sq.feet, with an average $521 / sq.feet price in Fort Myers Beach. The properties with the highest average prices have 1 bedroom. They are 1087 % more expensive than the average followed by properties with 2 bedrooms with a price at $721 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $837,772 it is 27 % cheaper than the average price in Fort Myers Beach. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $1,004,861 it is 41 % 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 $274 / sq.feet followed by "Condo" priced at $462 / sq.feet. "Apartment" is the most costly type of property with a $4,293 / sq.feet cost followed by "House" with an average price of $520 / sq.feet.