The prices in real estate in Key Largo, 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 Key Largo has increased during the last 6 months. In April, the average price per sq.feet was $440. In the following month the price per sq.feet increased considerably to $518. In the following two months the price per sq.feet has barely changed, going from $479 to $495.5 per sq.feet. 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 $487.25 to $452 during August, and September.
Based upon to the price in Key Largo (cities), this has gone up in the last 6 months. The price in April is $813,573, rising in May till $934,707. During the following two months (June, July) the price has had an average incrementation from $874,140 to $968,064.5. 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 $921,102.25 to $835,284.5 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $893,780 they are 73 % more affordable than the average price for Key Largo. The properties with the highest average price have 4 bedrooms, Their price is 62 % more costly than the average. After that we have properties with 3 bedrooms priced at $824,047.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $457 / sq.feet, with an average $474 / sq.feet price in Key Largo. The properties with the highest average prices have 4 bedrooms. They are 13 % more expensive than the average followed by properties with 1 bedroom with a price at $498 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $893,780 it is 4 % cheaper than the average price in Key Largo. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $857,414 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $482 / sq.feet followed by "Condo" priced at $1,129 / sq.feet. "Condo" is the most costly type of property with a $1,129 / sq.feet cost followed by "House" with an average price of $482 / sq.feet.