The prices in real estate in Naples, 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 Naples has increased strongly during the last 6 months. In November, the average price per sq.feet was $198. In the following month the price per sq.feet increased considerably to $342. The price for the following two months in (January, February) had a considerable increment of 139 %. The price per sq.feet has had a considerable deflation of 64 % 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 $322.75 to $207 during March, and April.
Based upon to the price in Naples (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $474,796. In December This price remains at $463,415. During the following two months (January, February) the price has had an average incrementation from $469,105.5 to $516,891.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % 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 $538,434 they are 35 % more affordable than the average price for Naples. 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 1 bedroom priced at $542,408.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $201 / sq.feet, with an average $208 / sq.feet price in Naples. The properties with the highest average prices have 2 bedrooms. They are 17 % more expensive than the average followed by properties with 3 bedrooms with a price at $207 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $538,434 it is 24 % cheaper than the average price in Naples. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $505,505 it is 14 % 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 $197 / sq.feet followed by "House" priced at $200 / sq.feet. "Apartment" is the most costly type of property with a $1,030 / sq.feet cost followed by "Condo" with an average price of $878 / sq.feet.