Property prices for sale in Lake Mary (Florida)
The prices in real estate in Lake Mary, 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 Lake Mary has fallen in the last 6 months. In August, the average price per sq.feet was $203. In the following month the price per sq.feet decreased to $180. The price for the following two months in (October, November) decreased 94 % with regard to the prior two months. 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 $186 to $173.5 during December, and January.
Based upon to the price in Lake Mary (cities), this has fallen considerably in the last 6 months. The average price for August is $481,524. During September the price had a considerable reduction till $403,815. During the following two months (October, November) the average price fell 93 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $428,219.5 to $362,434, which means a 85 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $378,558 they are 67 % more affordable than the average price for Lake Mary. 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 $324,312.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $156 / sq.feet, with an average $177 / sq.feet price in Lake Mary. The properties with the highest average prices have 3 bedrooms. They are 3 % more expensive than the average followed by properties with 4 bedrooms with a price at $173 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $378,558 it is 39 % cheaper than the average price in Lake Mary. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Office". At a price of $459,789 it is 22 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $140 / sq.feet followed by "Townhouse" priced at $157 / sq.feet. "Apartment" is the most costly type of property with a $204 / sq.feet cost followed by "House" with an average price of $193 / sq.feet.
