Property prices for sale in Marco Island (Florida)
The prices in real estate in Marco Island, 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 Marco Island has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $6,258. In the following month the price per sq.feet decreased to $5,509. The price for the following two months in (December, January) had a considerable decrease of 46 with regard to the prior two months. The price per sq.feet has increased 113 % 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 $4,288.75 to $4,847.5 during February, and March.
Based upon to the price in Marco Island (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $1,700,507. In November This price remains at $1,776,182. During the following two months (December, January) the price has had an average incrementation from $1,738,344.5 to $1,900,849.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,819,597 and $1,824,906 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $2,006,196 they are 77 % more affordable than the average price for Marco Island. The properties with the highest average price have 4 bedrooms, Their price is 43 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,744,142.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $683 / sq.feet, with an average $8,811 / sq.feet price in Marco Island. The properties with the highest average prices have 4 bedrooms. They are 108 % more expensive than the average followed by properties with 3 bedrooms with a price at $5,044 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $2,006,196 it is 48 % cheaper than the average price in Marco Island. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Villa". At a price of $2,132,389 it is 11 % 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 $733 / sq.feet followed by "Townhouse" priced at $854 / sq.feet. "Land" is the most costly type of property with a $78,061 / sq.feet cost followed by "House" with an average price of $8,982 / sq.feet.
