The prices in real estate in Haines City, in the Florida region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Haines City has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $261. In the following month the price per sq.feet decreased considerably to $128. The price for the following two months in (May, June) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 82 % 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 $158.25 to $130 during July, and August.
Based upon to the price in Haines City (cities), this has fallen considerably in the last 6 months. The average price for March is $439,211. During April the price had a considerable reduction till $243,395. During the following two months (May, June) the average price had a considerable reduction of 69 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $287,604 to $222,918, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $221,366 they are 56 % more affordable than the average price for Haines City. 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 3 bedrooms priced at $256,974.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $112 / sq.feet, with an average $130 / sq.feet price in Haines City. The properties with the highest average prices have 2 bedrooms. They are 2 % more expensive than the average followed by properties with 3 bedrooms with a price at $131 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $221,366 it is 39 % cheaper than the average price in Haines City. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $208,377 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $73 / sq.feet followed by "Townhouse" priced at $75 / sq.feet. "House" is the most costly type of property with a $136 / sq.feet cost followed by "Condo" with an average price of $104 / sq.feet.