The prices in real estate in Long Key, in the Florida region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Long Key has increased during the last 6 months. In October, the average price per sq.feet was $1,209. In the following month the price per sq.feet increased considerably to $1,427. In the following two months the price per sq.feet has increased 107 %, going from $1,318 to $1,414.5 per sq.feet. The price per sq.feet has had a considerable deflation of 84 % 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 $1,366.25 to $1,145.5 during February, and March.
Based upon to the price in Long Key (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $1,743,083. During November the price went through a considerable rise reaching $2,294,111. During the following two months (December, January) the price has had an average incrementation from $2,018,597 to $2,137,375. During the last two months the average price has had a strong fall compared to the previous four going from $2,077,986 to $1,549,586.5, which means a 75 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 56 % cheaper than the average price of $716,333 in Long Key. Based on the bedrooms values, properties with the lowest prices are those with 2 bedrooms. They are 20 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 24 % cheaper than the average price of ($883 / sq.feet) in Long Key. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 12 % more costly than the average value aforementioned.