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 July, the average price per sq.feet was $538. In the following month the price per sq.feet decreased considerably to $96. The price for the following two months in (September, October) had a considerable decrease of 29 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 48 % 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 $205.25 to $98.5 during November, and December.
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 July, is $145,872. During August the price went through a considerable rise reaching $190,855. During the following two months (September, October) the price has had an average incrementation from $168,363.5 to $184,526.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 20 % cheaper than the average price of $155,579 in Milton. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 20 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 9 % cheaper than the average price of ($94 / sq.feet) in Milton. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 9 % cheaper 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 $195,302 it is 31 % 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 $154,800 it is 16 % 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 $88 / sq.feet followed by "Apartment" priced at $89 / sq.feet. "Farm" is the most costly type of property with a $576 / sq.feet cost followed by "Townhouse" with an average price of $99 / sq.feet.