The prices in real estate in Live Oak, 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 Live Oak has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $209. In the following month the price per sq.feet increased considerably to $265. The price for the following two months in (January, February) had a considerable decrease of 37 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 49 % 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 $162.75 to $79 during March, and April.
Based upon to the price in Live Oak (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $590,350. During December the price went through a considerable rise reaching $743,475. During the following two months (January, February) the average price had a considerable reduction of 23 % 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 $411,504.5 to $139,069, which means a 34 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 41 % cheaper than the average price of $81,872 in Live Oak. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 41 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 1613 % more costly than the average price of ($1,353 / sq.feet) in Live Oak. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1613 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Live Oak we can see that the cheapest property type is "House" at a price of $81,872, they are 41 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 41 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $1,353 / sq.feet. "House" at an average price of $1,353 / sq.feet has the most expensive price and would be directed at more affluent cities.