Property prices for sale in Key Largo (Florida)
The prices in real estate in Key Largo, in the Florida region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Key Largo has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,289. In the following month the price per sq.feet increased considerably to $2,105. In the following two months the price per sq.feet has barely changed, going from $1,697 to $1,623 per sq.feet. The price per sq.feet has increased 110 % 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 $1,660 to $1,822.5 during February, and March.
Based upon to the price in Key Largo (cities), these have remained the same in the last 6 months. The price in October is $1,409,110, rising in November till $1,566,857. In the following two months the average price has remained the same with regard to the previous two months from $1,487,983.5 to $1,494,443. 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 $1,491,213.25 to $1,385,661.5 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 $1,429,854 they are 35 % more affordable than the average price for Key Largo. The properties with the highest average price have 4 bedrooms, Their price is 162 % more costly than the average. After that we have properties with 1 bedroom priced at $1,477,600.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $781 / sq.feet, with an average $2,176 / sq.feet price in Key Largo. The properties with the highest average prices have 1 bedroom. They are 163 % more expensive than the average followed by properties with 4 bedrooms with a price at $1,395 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,429,854 it is 25 % cheaper than the average price in Key Largo. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Apartment". At a price of $3,540,176 it is 296 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $857 / sq.feet followed by "Condo" priced at $1,737 / sq.feet. "Land" is the most costly type of property with a $5,163,333 / sq.feet cost followed by "Apartment" with an average price of $31,282 / sq.feet.
