The prices in real estate in Oak Hill, 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 Oak Hill has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $11,379. In the following month the price per sq.feet increased considerably to $19,530. The price for the following two months in (November, December) had a considerable decrease of 7 with regard to the prior two months. The price per sq.feet has had a considerable increase of 120 % 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 $8,281.75 to $9,952 during January, and February.
Based upon to the price in Oak Hill (cities), these have remained the same in the last 6 months. The average price for September is $272,116. During October the price had a slight fall till $251,805. In the following two months the average price has remained the same with regard to the previous two months from $261,960.5 to $257,388. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $259,674.25 and $264,686 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $258,816 they are 6 % more expensive than the average price for Oak Hill. Following this ranking we find those properties with 3 at an average price of $354,544. The properties with the highest average price have 1 bedroom, Their price is 93 % more costly than the average. After that we have properties with 4 bedrooms priced at $439,303.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $168 / sq.feet, with an average $9,157 / sq.feet price in Oak Hill. The properties with the lowest average prices have 2 bedrooms. They are 96 % cheaper than the average followed by properties with 1 bedroom with a price at $253 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most costly one. At an cost of $258,816 it is 22 % more expensive than the average price in Oak Hill. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Land". At a price of $316,204 it is 62 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $239 / sq.feet followed by "Land" priced at $1,253 / sq.feet. "Land" is the cheapest type of property with a $1,253 / sq.feet value followed by "House" with an average price of $239 / sq.feet.