The prices in real estate in Marathon, 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 Marathon has increased strongly during the last 6 months. In November, the average price per sq.feet was $406. In the following month the price per sq.feet increased considerably to $1,595. The price for the following two months in (January, February) had a considerable increment of 166 %. The price per sq.feet has had a considerable increase of 122 % 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 $1,330.25 to $1,619.5 during March, and April.
Based upon to the price in Marathon (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $629,543. During December the price went through a considerable rise reaching $956,084. During the following two months (January, February) the average price had a considerable increase of 128 % 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 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $915,227 they are 42 % more affordable than the average price for Marathon. The properties with the highest average price have 1 bedroom, Their price is 94 % more costly than the average. After that we have properties with 4 bedrooms priced at $1,411,000.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $434 / sq.feet, with an average $913 / sq.feet price in Marathon. The properties with the highest average prices have 1 bedroom. They are 601 % more expensive than the average followed by properties with 4 bedrooms with a price at $607 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $915,227 it is 1 % more expensive than the average price in Marathon. "Land" is seen as the second dearest property type. The dearest property type is "Land" followed by "House". At a price of $924,944 it is 9 % 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 $488 / sq.feet followed by "Land" priced at $1,549 / sq.feet. "Land" is the most costly type of property with a $1,549 / sq.feet cost followed by "House" with an average price of $488 / sq.feet.