The prices in real estate in Labelle, 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 Labelle has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $3,390. In the following month the price per sq.feet decreased considerably to $2,837. The price for the following two months in (November, December) had a considerable decrease of 26 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 15 % 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 $1,959.75 to $296.5 during January, and February.
Based upon to the price in Labelle (cities), this has gone up considerably in the last 6 months. The price in September is $271,379, rising in October till $311,030. During the following two months (November, December) the average price had a considerable increase of 132 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $360,939 they are 81 % more affordable than the average price for Labelle. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $336,155.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $42 / sq.feet, with an average $234 / sq.feet price in Labelle. The properties with the highest average prices have 3 bedrooms. They are 2005 % more expensive than the average followed by properties with 4 bedrooms with a price at $2,429 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $360,939 it is 67 % cheaper than the average price in Labelle. "House" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of $361,146 it is 114 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Land" at an average cost of $747 / sq.feet followed by "Villa" priced at $3,090 / sq.feet. "House" is the most costly type of property with a $3,550 / sq.feet cost followed by "Villa" with an average price of $3,090 / sq.feet.