The prices in real estate in Milton, in the Florida region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Milton has increased during the last 6 months. In January, the average price per sq.feet was $160. In the following month the price per sq.feet increased to $174. In the following two months the price per sq.feet has increased 108 %, going from $167 to $180 per sq.feet. The price per sq.feet has increased 107 % 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 $173.5 to $186 during May, and June.
Based upon to the price in Milton (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $294,368. During February the price went through a considerable rise reaching $349,975. During the following two months (March, April) the average price had a considerable increase of 117 % 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 113 % 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 $383,908 they are 36 % more affordable than the average price for Milton. The properties with the highest average price have 1 bedroom, Their price is 153 % more costly than the average. After that we have properties with 4 bedrooms priced at $422,895.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $142 / sq.feet, with an average $189 / sq.feet price in Milton. The properties with the highest average prices have 1 bedroom. They are 340 % more expensive than the average followed by properties with 4 bedrooms with a price at $182 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $383,908 it is 66 % cheaper than the average price in Milton. "Office" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $158,250 it is 1 % 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 $58 / sq.feet followed by "Townhouse" priced at $69 / sq.feet. "Farm" is the most costly type of property with a $546 / sq.feet cost followed by "House" with an average price of $177 / sq.feet.