The prices in real estate in Live Oak, 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 Live Oak has increased strongly during the last 6 months. In February, the average price per sq.feet was $140. In the following month the price per sq.feet increased to $156. The price for the following two months in (April, May) had a considerable increment of 124 %. The price per sq.feet has increased 114 % 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 $166 to $189.5 during June, and July.
Based upon to the price in Live Oak (cities), this has gone up considerably in the last 6 months. The price in February is $245,749, rising in March till $270,638. During the following two months (April, May) the average price had a considerable increase of 122 % 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 gone up 113 % 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 $321,116 they are 49 % more affordable than the average price for Live Oak. The properties with the lowest average price have 4 bedrooms, Their price is 32 % cheaper than the average. After that we have properties with 3 bedrooms priced at $206,905.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $75 / sq.feet, with an average $189 / sq.feet price in Live Oak. The properties with the lowest average prices have 1 bedroom. They are 28 % cheaper than the average followed by properties with 2 bedrooms with a price at $123 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $321,116 it is 75 % cheaper than the average price in Live Oak. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $79,678 it is 25 % 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 $100 / sq.feet followed by "Land" priced at $1,299 / sq.feet. "Land" is the most costly type of property with a $1,299 / sq.feet cost followed by "House" with an average price of $100 / sq.feet.