The prices in real estate in Highland 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 Highland City has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $583. In the following month the price per sq.feet decreased considerably to $471. The price for the following two months in (September, October) decreased 91 % with regard to the prior two months. The price per sq.feet has decreased 93 % 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 $502 to $468 during November, and December.
Based upon to the price in Highland City (cities), this has fallen considerably in the last 6 months. The average price for July is $1,766,403. During August the price had a considerable reduction till $1,155,063. During the following two months (September, October) the average price had a considerable reduction of 77 % 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 $1,294,053.75 to $1,011,816.5, 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 $873,751 they are 64 % more affordable than the average price for Highland City. The properties with the highest average price have 4 bedrooms, Their price is 225 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,146,585.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $330 / sq.feet, with an average $443 / sq.feet price in Highland City. The properties with the highest average prices have 4 bedrooms. They are 63 % more expensive than the average followed by properties with 3 bedrooms with a price at $486 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most costly one. At an cost of $873,751 it is 13 % more expensive than the average price in Highland City. "Townhouse" is seen as the second dearest property type. The dearest property type is "House" followed by "Townhouse". At a price of $2,655,605 it is 748 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $482 / sq.feet followed by "Townhouse" priced at $673 / sq.feet. "House" is the most costly type of property with a $1,135 / sq.feet cost followed by "Townhouse" with an average price of $673 / sq.feet.