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 October, the average price per sq.feet was $560. In November this price pretty much remained the same at a value of $576 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 121 %. The price per sq.feet has had a considerable increase of 128 % 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 $628.5 to $805 during February, and March.
Based upon to the price in Fort Pierce (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $433,931. During November the price went through a considerable rise reaching $545,553. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $471,954 and $481,563 between 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 $529,876 they are 52 % more affordable than the average price for Fort Pierce. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $496,552.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $218 / sq.feet, with an average $940 / sq.feet price in Fort Pierce. The properties with the lowest average prices have 1 bedroom. They are 61 % cheaper than the average followed by properties with 3 bedrooms with a price at $282 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $529,876 it is 40 % cheaper than the average price in Fort Pierce. "Apartment" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Villa". At a price of $755,282 it is 56 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $255 / sq.feet followed by "Condo" priced at $280 / sq.feet. "Land" is the most costly type of property with a $170,894 / sq.feet cost followed by "Villa" with an average price of $3,339 / sq.feet.