The prices in real estate in Navarre, 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 Navarre has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $319. In the following month the price per sq.feet increased to $339. The price for the following two months in (August, September) had a considerable decrease of 76 with regard to the prior two months. 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 $289.5 to $184.5 during October, and November.
Based upon to the price in Navarre (cities), this has fallen considerably in the last 6 months. The average price for June is $944,479. During July the price had a slight fall till $844,453. During the following two months (August, September) the average price had a considerable reduction of 62 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $725,138.75 to $399,038, which means a 55 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $379,529 they are 64 % more affordable than the average price for Navarre. The properties with the lowest average price have 4 bedrooms, Their price is 3 % cheaper than the average. After that we have properties with 3 bedrooms priced at $281,581.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $132 / sq.feet, with an average $184 / sq.feet price in Navarre. The properties with the highest average prices have 1 bedroom. They are 29 % more expensive than the average followed by properties with 2 bedrooms with a price at $230 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $379,529 it is 44 % cheaper than the average price in Navarre. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $211,486 it is 8 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $111 / sq.feet followed by "House" priced at $140 / sq.feet. "House" is the cheapest type of property with a $140 / sq.feet value followed by "Townhouse" with an average price of $111 / sq.feet.