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 July, the average price per sq.feet was $261. In the following month the price per sq.feet increased to $279. The price for the following two months in (September, October) had a considerable decrease of 57 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 70 % 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 $211.5 to $148.5 during November, and December.
Based upon to the price in Oak Hill (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is $286,625. During August the price went through a considerable rise reaching $549,250. During the following two months (September, October) the average price had a considerable reduction of 69 % 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 $353,797 to $273,205, which means a 77 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $254,970 they are 24 % more affordable than the average price for Oak Hill. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at $250,061.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $130 / sq.feet, with an average $138 / sq.feet price in Oak Hill. The properties with the highest average prices have 4 bedrooms. They are 863 % more expensive than the average followed by properties with 1 bedroom with a price at $140 / sq.feet.
With regard to the average price based upon the property in Oak Hill we can see that most expensive property type is "House" at a price of $328,476, they are 29 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 29 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $1,329 / sq.feet. "House" at an average price of $1,329 / sq.feet has the most expensive price and would be directed at more affluent cities.