Property prices for sale in Homestead (Florida)
The prices in real estate in Homestead, in the Florida region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Homestead has fallen in the last 6 months. In October, the average price per sq.feet was $1,667. In the following month the price per sq.feet decreased to $1,496. The price for the following two months in (December, January) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has had a considerable increase of 120 % 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 $1,441.5 to $1,723.5 during February, and March.
Based upon to the price in Homestead (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $604,121. In November This price remains at $615,941. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $588,255.75 to $534,881.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $546,156 they are 46 % more affordable than the average price for Homestead. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $439,311.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $279 / sq.feet, with an average $1,894 / sq.feet price in Homestead. The properties with the lowest average prices have 1 bedroom. They are 83 % cheaper than the average followed by properties with 2 bedrooms with a price at $324 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $546,156 it is 47 % cheaper than the average price in Homestead. "Apartment" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $719,582 it is 114 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $260 / sq.feet followed by "Condo" priced at $286 / sq.feet. "Land" is the most costly type of property with a $313,188 / sq.feet cost followed by "Villa" with an average price of $3,239 / sq.feet.
