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 October, the average price per sq.feet was $4,679. In the following month the price per sq.feet decreased considerably to $2,885. The price for the following two months in (December, January) had a considerable decrease of 72 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 76 % 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 $3,251.25 to $2,471 during February, and March.
Based upon to the price in Lehigh Acres (cities), this has fallen considerably in the last 6 months. The average price for October is $282,081. During November the price had a considerable reduction till $215,111. During the following two months (December, January) the average price fell 90 % 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 $236,214.5 to $168,406.5, which means a 71 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $163,375 they are 42 % more expensive than the average price for Lehigh Acres. Following this ranking we find those properties with 2 at an average price of $261,195. The properties with the highest average price have 4 bedrooms, Their price is 135 % more costly than the average. After that we have properties with 3 bedrooms priced at $359,367.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $233 / sq.feet, with an average $3,267 / sq.feet price in Lehigh Acres. The properties with the highest average prices have 3 bedrooms. They are 207 % more expensive than the average followed by properties with 4 bedrooms with a price at $7,791 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $163,375 it is 85 % 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 "Villa". At a price of $486,213 it is 205 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $221 / sq.feet followed by "Land" priced at $903 / sq.feet. "Duplex" is the most costly type of property with a $17,453 / sq.feet cost followed by "House" with an average price of $8,541 / sq.feet.