The prices in real estate in 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 Largo has increased strongly during the last 6 months. In December, the average price per sq.feet was $126. In the following month the price per sq.feet decreased considerably to $60. The price for the following two months in (February, March) had a considerable increment of 127 %. The price per sq.feet has had a considerable increase of 246 % 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 $105.75 to $260 during April, and May.
Based upon to the price in Largo (cities), this has gone up considerably in the last 6 months. The average price for December is $199,387. During January the price had a considerable reduction till $69,616. During the following two months (February, March) the average price had a considerable increase of 129 % 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 risen strongly 238 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $196,135 they are 71 % more affordable than the average price for Largo. The properties with the highest average price have 1 bedroom, Their price is 495 % more costly than the average. After that we have properties with 3 bedrooms priced at $570,760.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $57 / sq.feet, with an average $106 / sq.feet price in Largo. The properties with the highest average prices have 1 bedroom. They are 1100 % more expensive than the average followed by properties with 3 bedrooms with a price at $388 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most costly one. At an cost of $196,135 it is 21 % more expensive than the average price in Largo. "Commercial" is seen as the second dearest property type. The dearest property type is "House" followed by "Condo". At a price of $295,225 it is 134 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $198 / sq.feet followed by "House" priced at $224 / sq.feet. "Townhouse" is the most costly type of property with a $12,903 / sq.feet cost followed by "Commercial" with an average price of $285 / sq.feet.