The prices in real estate in Navarre, in the Florida region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Navarre has fallen in the last 6 months. In March, the average price per sq.feet was $401. In April this price pretty much remained the same at a value of $402 per sq.feet. The price for the following two months in (May, June) decreased 91 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 76 % 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 $383.25 to $290 during July, and August.
Based upon to the price in Navarre (cities), this has gone downing the last 6 months. In our first sample month during March, the average price is $715,829. In April This price remains at $741,508. In the following two months the average price has remained the same with regard to the previous two months from $728,668.5 to $720,703.5. During the last two months the average price has had a strong fall compared to the previous four going from $724,686 to $552,175.5, which means a 76 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $500,434 they are 31 % more affordable than the average price for Navarre. The properties with the highest average price have 2 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 4 bedrooms priced at $552,882.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $220 / sq.feet, with an average $264 / sq.feet price in Navarre. The properties with the highest average prices have 1 bedroom. They are 121 % more expensive than the average followed by properties with 2 bedrooms with a price at $474 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $500,434 it is 60 % cheaper than the average price in Navarre. "Land" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Condo". At a price of $703,319 it is 150 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $66 / sq.feet followed by "House" priced at $244 / sq.feet. "Land" is the most costly type of property with a $177,207 / sq.feet cost followed by "Condo" with an average price of $575 / sq.feet.