Property prices for sale in Lake Panasoffkee (Florida)
The prices in real estate in Lake Panasoffkee, 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 Lake Panasoffkee has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $4,104. In November this price pretty much remained the same at a value of $3,972 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 45 with regard to the prior two months. The price per sq.feet has had a considerable increase of 155 % 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 $2,921.25 to $4,531 during February, and March.
Based upon to the price in Lake Panasoffkee (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $260,117. During November the price went through a considerable rise reaching $335,003. In the following two months the average price has remained the same with regard to the previous two months from $297,560 to $306,841. 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 $302,200.5 and $297,520.5 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 $278,280 they are 69 % more affordable than the average price for Lake Panasoffkee. The properties with the lowest average price have 4 bedrooms, Their price is 15 % cheaper than the average. After that we have properties with 2 bedrooms priced at $222,641.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $88 / sq.feet, with an average $5,487 / sq.feet price in Lake Panasoffkee. The properties with the lowest average prices have 2 bedrooms. They are 97 % cheaper than the average followed by properties with 1 bedroom with a price at $149 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $278,280 it is 70 % cheaper than the average price in Lake Panasoffkee. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $84,124 it is 29 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $135 / sq.feet followed by "Land" priced at $1,067 / sq.feet. "Land" is the cheapest type of property with a $1,067 / sq.feet value followed by "House" with an average price of $135 / sq.feet.
