The prices in real estate in Micanopy, 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 Micanopy has increased strongly during the last 6 months. In October, the average price per sq.feet was $8,623. In the following month the price per sq.feet increased considerably to $11,993. In the following two months the price per sq.feet has barely changed, going from $10,308 to $9,992.5 per sq.feet. The price per sq.feet has had a considerable increase of 193 % 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 $10,150.25 to $19,632 during February, and March.
Based upon to the price in Micanopy (cities), this has fallen considerably in the last 6 months. The average price for October is $1,252,227. During November the price had a considerable reduction till $876,043. During the following two months (December, January) the average price had a considerable reduction of 57 % 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 risen strongly 137 % 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 $1,134,295 they are 75 % more affordable than the average price for Micanopy. The properties with the lowest average price have 1 bedroom, Their price is 56 % cheaper than the average. After that we have properties with 2 bedrooms priced at $282,717.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $96 / sq.feet, with an average $20,182 / sq.feet price in Micanopy. The properties with the lowest average prices have 1 bedroom. They are 96 % cheaper than the average followed by properties with 2 bedrooms with a price at $96 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,134,295 it is 75 % cheaper than the average price in Micanopy. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Multi Family House" followed by "Townhouse". At a price of $564,741 it is 40 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $96 / sq.feet followed by "Apartment" priced at $127 / sq.feet. "Townhouse" is the cheapest type of property with a $210 / sq.feet value followed by "Apartment" with an average price of $127 / sq.feet.