The prices in real estate in North Fort Myers, 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 North Fort Myers has increased strongly during the last 6 months. In February, the average price per sq.feet was $117. In the following month the price per sq.feet increased considerably to $277. The price for the following two months in (April, May) had a considerable increment of 121 %. The price per sq.feet has had a considerable increase of 126 % 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 $217.5 to $273.5 during June, and July.
Based upon to the price in North Fort Myers (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $172,038. During March the price went through a considerable rise reaching $459,542. During the following two months (April, May) the price has had an average incrementation from $315,790 to $358,959. 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 3 bedrooms are the cheapest ones. At a price of $433,553 they are 47 % more affordable than the average price for North Fort Myers. The properties with the lowest average price have 1 bedroom, Their price is 7 % cheaper than the average. After that we have properties with 2 bedrooms priced at $367,229.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $124 / sq.feet, with an average $389 / sq.feet price in North Fort Myers. The properties with the highest average prices have 1 bedroom. They are 280 % more expensive than the average followed by properties with 2 bedrooms with a price at $285 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $433,553 it is 91 % cheaper than the average price in North Fort Myers. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $249,816 it is 564 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $1 / sq.feet followed by "Townhouse" priced at $50 / sq.feet. "Commercial" is the most costly type of property with a $7,496 / sq.feet cost followed by "House" with an average price of $241 / sq.feet.