The prices in real estate in Jay, in the Florida region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Jay has increased during the last 6 months. In October, the average price per sq.feet was $3,817. In the following month the price per sq.feet decreased considerably to $1,297. The price for the following two months in (December, January) had a considerable increment of 128 %. The price per sq.feet has had a considerable increase of 218 % 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 $2,908.75 to $6,345 during February, and March.
Based upon to the price in Jay (cities), this has gone up in the last 6 months. The price in October is $346,094, rising in November till $380,912. During the following two months (December, January) the price has had an average incrementation from $363,503 to $413,233. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $388,368 and $371,132.5 between 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 $309,018 they are 20 % more affordable than the average price for Jay. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 3 bedrooms priced at $323,689.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $152 / sq.feet, with an average $9,218 / sq.feet price in Jay. The properties with the lowest average prices have 1 bedroom. They are 97 % cheaper than the average followed by properties with 4 bedrooms with a price at $166 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $309,018 it is 59 % cheaper than the average price in Jay. "House" is seen as the second most affordable property type. The cheapest type property is "Commercial Property" followed by "House". At a price of $156,251 it is 24 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $14 / sq.feet followed by "Commercial Property" priced at $20 / sq.feet. "House" is the cheapest type of property with a $56 / sq.feet value followed by "Commercial Property" with an average price of $20 / sq.feet.