The prices in real estate in Maitland, 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 Maitland has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $303. In the following month the price per sq.feet increased considerably to $351. The price for the following two months in (September, October) had a considerable decrease of 60 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 73 % 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 $261.5 to $190 during November, and December.
Based upon to the price in Maitland (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during July, is $813,399. During August the price went through a considerable rise reaching $1,074,211. During the following two months (September, October) the average price had a considerable reduction of 45 % 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 $685,771 to $356,055.5, which means a 52 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $363,497 they are 67 % more affordable than the average price for Maitland. The properties with the highest average price have 4 bedrooms, Their price is 46 % more costly than the average. After that we have properties with 3 bedrooms priced at $324,849.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $178 / sq.feet, with an average $191 / sq.feet price in Maitland. The properties with the highest average prices have 4 bedrooms. They are 3 % more expensive than the average followed by properties with 1 bedroom with a price at $194 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $363,497 it is 49 % cheaper than the average price in Maitland. "House" is seen as the second most affordable property type. The dearest property type is "Commercial Property" followed by "Townhouse". At a price of $419,381 it is 65 % 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 $127 / sq.feet followed by "Duplex" priced at $170 / sq.feet. "Commercial Property" is the most costly type of property with a $237 / sq.feet cost followed by "Townhouse" with an average price of $182 / sq.feet.