The prices in real estate in Gibsonton, 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 Gibsonton has increased strongly during the last 6 months. In October, the average price per sq.feet was $221. In the following month the price per sq.feet decreased to $204. In the following two months the price per sq.feet has barely changed, going from $212.5 to $213 per sq.feet. The price per sq.feet has had a considerable increase of 912 % 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 $212.75 to $1,940 during February, and March.
Based upon to the price in Gibsonton (cities), these have remained the same in the last 6 months. The average price for October is $385,681. During November the price had a slight fall till $363,851. In the following two months the average price has remained the same with regard to the previous two months from $374,766 to $387,046.5. 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 2 bedrooms are the cheapest ones. At a price of $387,246 they are 48 % more affordable than the average price for Gibsonton. The properties with the highest average price have 1 bedroom, Their price is 231 % more costly than the average. After that we have properties with 4 bedrooms priced at $413,878.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $155 / sq.feet, with an average $3,633 / sq.feet price in Gibsonton. The properties with the lowest average prices have 1 bedroom. They are 39 % cheaper than the average followed by properties with 4 bedrooms with a price at $182 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $387,246 it is 51 % cheaper than the average price in Gibsonton. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $381,419 it is 1191 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $32 / sq.feet followed by "Duplex" priced at $36 / sq.feet. "Land" is the most costly type of property with a $338,564 / sq.feet cost followed by "Condo" with an average price of $2,298 / sq.feet.