The prices in real estate in Lehigh Acres, 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 Lehigh Acres has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $1,275. In the following month the price per sq.feet decreased considerably to $345. The price for the following two months in (September, October) had a considerable decrease of 19 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 26 % 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 $480.75 to $126.5 during November, and December.
Based upon to the price in Lehigh Acres (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $88,263. During August the price went through a considerable rise reaching $151,008. During the following two months (September, October) the average price had a considerable increase of 153 % 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 138 % 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 $215,207 they are 76 % more affordable than the average price for Lehigh Acres. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $216,642.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $75 / sq.feet, with an average $127 / sq.feet price in Lehigh Acres. The properties with the highest average prices have 3 bedrooms. They are 9 % more expensive than the average followed by properties with 4 bedrooms with a price at $120 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $215,207 it is 93 % cheaper than the average price in Lehigh Acres. "Condo" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $189,882 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $14 / sq.feet followed by "Condo" priced at $84 / sq.feet. "Duplex" is the most costly type of property with a $5,087 / sq.feet cost followed by "House" with an average price of $114 / sq.feet.