Property prices for sale in Hialeah (Florida)
The prices in real estate in Hialeah, 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 Hialeah has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,437. In the following month the price per sq.feet decreased considerably to $1,922. The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. 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 $2,078.25 to $2,060 during February y March
Based upon to the price in Hialeah (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $649,634. In November This price remains at $631,359. In the following two months the average price has remained the same with regard to the previous two months from $640,496.5 to $663,191.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $651,844 to $603,479 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 $626,982 they are 65 % more affordable than the average price for Hialeah. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $511,162.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $358 / sq.feet, with an average $2,870 / sq.feet price in Hialeah. The properties with the lowest average prices have 4 bedrooms. They are 85 % cheaper than the average followed by properties with 3 bedrooms with a price at $362 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $626,982 it is 55 % cheaper than the average price in Hialeah. "Villa" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $689,877 it is 630 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $259 / sq.feet followed by "Condo" priced at $325 / sq.feet. "Land" is the most costly type of property with a $3,712,950 / sq.feet cost followed by "Apartment" with an average price of $3,730 / sq.feet.
