The prices in real estate in Gulfport, in the Mississippi 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 Gulfport has increased strongly during the last 6 months. In October, the average price per sq.feet was $352. In the following month the price per sq.feet increased considerably to $413. The price for the following two months in (December, January) had a considerable increment of 145 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $469 to $466.5 during February y March
Based upon to the price in Gulfport (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $287,814. During November the price went through a considerable rise reaching $331,879. In the following two months the average price has remained the same with regard to the previous two months from $309,846.5 to $318,431. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $314,138.75 to $289,961 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 $285,875 they are 24 % more affordable than the average price for Gulfport. The properties with the highest average price have 2 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 4 bedrooms priced at $327,857.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $247 / sq.feet, with an average $591 / sq.feet price in Gulfport. The properties with the highest average prices have 4 bedrooms. They are 442 % more expensive than the average followed by properties with 3 bedrooms with a price at $296 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $285,875 it is 28 % cheaper than the average price in Gulfport. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Condo". At a price of $347,424 it is 142 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $155 / sq.feet followed by "Condo" priced at $284 / sq.feet. "Land" is the most costly type of property with a $37,147 / sq.feet cost followed by "Duplex" with an average price of $3,322 / sq.feet.