The prices in real estate in Milton, 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 Milton has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $422. In the following month the price per sq.feet decreased considerably to $192. In the following two months the price per sq.feet has barely changed, going from $307 to $317 per sq.feet. The price per sq.feet has had a considerable deflation of 30 % 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 $312 to $93.5 during September, and October.
Based upon to the price in Milton (cities), this has gone up in the last 6 months. The average price for May is $152,906. During June the price had a slight fall till $143,918. During the following two months (July, August) the price has had an average incrementation from $148,412 to $168,363.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 18 % cheaper than the average price of $155,891 in Milton. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 18 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 1 % more costly than the average price of ($96 / sq.feet) in Milton. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $190,638 it is 30 % cheaper than the average price in Milton. "Office" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Apartment". At a price of $155,111 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $90 / sq.feet followed by "Apartment" priced at $91 / sq.feet. "Farm" is the most costly type of property with a $578 / sq.feet cost followed by "Townhouse" with an average price of $101 / sq.feet.