The prices in real estate in Merritt Island, 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 Merritt Island has remained the same in the last 6 months. In November, the average price per sq.feet was $202. In the following month the price per sq.feet increased to $214. The price for the following two months in (January, February) decreased 93 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $200.5 to $196 during March y April
Based upon to the price in Merritt Island (cities), these have remained the same in the last 6 months. The price in November is $393,545, rising in December till $417,693. During the following two months (January, February) the average price fell 93 % with regard to the previous two months. 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 $390,924.5 and $399,103.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $415,930 they are 71 % more affordable than the average price for Merritt Island. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $329,453.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $197 / sq.feet, with an average $204 / sq.feet price in Merritt Island. The properties with the highest average prices have 2 bedrooms. They are 24 % more expensive than the average followed by properties with 1 bedroom with a price at $203 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $415,930 it is 30 % cheaper than the average price in Merritt Island. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $403,825 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $136 / sq.feet followed by "House" priced at $195 / sq.feet. "Apartment" is the most costly type of property with a $551 / sq.feet cost followed by "Commercial" with an average price of $546 / sq.feet.