The prices in real estate in Fort Pierce, 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 Pierce has increased strongly during the last 6 months. In November, the average price per sq.feet was $159. In the following month the price per sq.feet increased considerably to $222. In the following two months the price per sq.feet has increased 108 %, going from $190.5 to $206 per sq.feet. 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 $198.25 to $185 during March, and April.
Based upon to the price in Fort Pierce (cities), this has gone downing the last 6 months. The average price for November is $249,506. During December the price had a slight fall till $224,105. In the following two months the average price has remained the same with regard to the previous two months from $236,805.5 to $247,675. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $242,240.25 to $227,456 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $229,252 they are 18 % more affordable than the average price for Fort Pierce. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 1 bedroom priced at $240,449.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $120 / sq.feet, with an average $159 / sq.feet price in Fort Pierce. The properties with the highest average prices have 3 bedrooms. They are 85 % more expensive than the average followed by properties with 2 bedrooms with a price at $274 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $229,252 it is 86 % cheaper than the average price in Fort Pierce. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Townhouse". At a price of $262,116 it is 213 % 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 $17 / sq.feet followed by "Apartment" priced at $116 / sq.feet. "Commercial" is the most costly type of property with a $4,992 / sq.feet cost followed by "Condo" with an average price of $1,178 / sq.feet.