The prices in real estate in Longwood, in the Florida region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Longwood has remained the same in the last 6 months. In April, the average price per sq.feet was $163. In May this price pretty much remained the same at a value of $163 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $163 to $166 per sq.feet. The price per sq.feet has decreased 92 % 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 $164.5 to $151.5 during August, and September.
Based upon to the price in Longwood (cities), this has gone downing the last 6 months. In our first sample month during April, the average price is $455,383. In May This price remains at $436,628. In the following two months the average price has remained the same with regard to the previous two months from $446,005.5 to $441,436. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $443,720.75 to $384,645.5 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $395,279 they are 8 % more expensive than the average price for Longwood. Following this ranking we find those properties with 1 at an average price of $481,113. The properties with the highest average price have 1 bedroom, Their price is 22 % more costly than the average. After that we have properties with 2 bedrooms priced at $425,300.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $165 / sq.feet, with an average $153 / sq.feet price in Longwood. The properties with the highest average prices have 2 bedrooms. They are 10 % more expensive than the average followed by properties with 1 bedroom with a price at $165 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $395,279 it is 45 % cheaper than the average price in Longwood. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial Property" followed by "Apartment". At a price of $485,264 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $146 / sq.feet followed by "Duplex" priced at $149 / sq.feet. "Commercial Property" is the most costly type of property with a $221 / sq.feet cost followed by "Apartment" with an average price of $164 / sq.feet.